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Monday, June 23, 2025

Falling home prices in Cerro Gordo in October 2021

Webp re 11

The median sale price of a home sold in October 2021 in Cerro Gordo fell by $37,000 while total sales decreased by 57.1%, according to BlockShopper.com.

In October 2021, there were three homes sold, with a median sale price of $30,000 - a 55.2% decrease over the $67,000 median sale price for the same period of the previous year. There were seven homes sold in Cerro Gordo in October 2020.

The median sales tax in Cerro Gordo for the most recent year with available data, 2019, was $1,792, approximately 6% of the median home sale price for October 2021.

The following table compares Cerro Gordo to other Piatt County cities in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
White Heath220%$195,000$60,500222.3%
De Land10-$155,000$0-
Monticello1218-33.3%$148,950$182,500-18.4%
Bement34-25%$98,000$100,500-2.5%
Mansfield4333.3%$91,900$50,00083.8%
Hammond110%$59,900$80,280-25.4%
Cerro Gordo37-57.1%$30,000$67,000-55.2%
Cisco00-$0$0-
Atwood03-100%$0$55,000-100%
LaPlace00-$0$0-

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