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Wednesday, June 25, 2025

How did home prices perform in Cerro Gordo during the second half of 2020?

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The median sale price of a home sold in the second half of 2020 in Cerro Gordo rose by $42,500 while total sales decreased by 5.6%, according to BlockShopper.com.

From July through December of 2020, there were 17 homes sold, with a median sale price of $100,000 - a 73.9% increase over the $57,500 median sale price for the same period of the previous year. There were 18 homes sold in Cerro Gordo in the second half of 2019.

The median sales tax in Cerro Gordo for the most recent year with available data, 2019, was $1,792, approximately 1.8% of the median home sale price for the second half of 2020.

The following table compares Cerro Gordo to other Piatt County cities in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Monticello77770%$175,000$160,0009.4%
Mansfield13944.4%$115,000$97,00018.6%
Cerro Gordo1718-5.6%$100,000$57,50073.9%
Bement231376.9%$79,900$60,00033.2%
De Land24-50%$78,250$40,50093.2%
LaPlace15-80%$69,000$75,000-8%
White Heath42100%$67,500$135,000-50%
Atwood10911.1%$67,500$42,47558.9%
Hammond46-33.3%$31,800$67,500-52.9%
Cisco03-100%$0$92,000-100%

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