409 N. Madison, Cerro Gordo purchased by Marc C. and Susan R. Klein

The home at 409 N. Madison, Cerro Gordo, was sold on May 1 by Construction & Property Investors Inc. for $170,000.

Marc C. and Susan R. Klein were listed as the buyers.

Property taxes on the home totaled $1,401 in 2024, or 0.8% of the sale price.

This property is one of four sales in Cerro Gordo, Piatt County, between April 1 and May 1.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.