Cerro Gordo, IL

Balanced market

Housing market overview · Updated weekly

$10,000median sale price

Homes sold

1

Last 12 weeks

Days on market

29

Average pace

Active listings

5

5.0 months supply

Sale-to-list

Below asking

The Cerro Gordo housing market is currently classified as a balanced market with a median sale price of $10,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 29 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Cerro Gordo

There are currently 5 homes listed for sale in Cerro Gordo, Illinois.

Active listings

5

Homes on market

Avg. days on market

29

Days until sale

Price drops:60.0%of listings

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Frequently asked questions

What is the average home price in Cerro Gordo?

The median home sale price in Cerro Gordo is $10,000, down 0.0% from last year.

How long do homes stay on market in Cerro Gordo?

Homes typically spend 29 days on market before going under contract.

Is Cerro Gordo a buyer's or seller's market?

With 5.0 months of supply, Cerro Gordo is currently a balanced market.

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