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Monday, June 23, 2025

Falling home prices in Monticello in August 2021

Webp re 8

The median sale price of a home sold in August 2021 in Monticello fell by $54,500 while total sales increased by 6.3%, according to BlockShopper.com.

In August 2021, there were 17 homes sold, with a median sale price of $140,000 - a 28% decrease over the $194,500 median sale price for the same period of the previous year. There were 16 homes sold in Monticello in August 2020.

The median sales tax in Monticello for the most recent year with available data, 2019, was $2,749, approximately 2% of the median home sale price for August 2021.

The following table compares Monticello to other Piatt County cities in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Mansfield23-33.3%$193,250$145,00033.3%
Bement46-33.3%$148,450$50,500194%
Atwood21100%$146,000$37,500289.3%
Monticello17166.3%$140,000$194,500-28%
Cerro Gordo550%$99,000$132,500-25.3%
De Land30-$95,500$0-
Hammond30-$23,500$0-
White Heath00-$0$0-
LaPlace00-$0$0-
Cisco00-$0$0-

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