From January to March, 16 homes sold in Tremont for a median price of $163,750. That's 17.7 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Tremont.
Median property tax for homeowners in Tremont was $3,566.56 in 2016 according to tax data from that year. That means homeowners pay 2.1 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Tremont real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
3
$108,225
-
2010
7
$131,100
21.1%
2011
7
$141,250
7.7%
2012
4
$120,445
-14.7%
2013
12
$172,800
43.5%
2014
10
$135,680
-21.5%
2015
6
$125,875
-7.2%
2016
13
$170,100
35.1%
2017
11
$198,900
16.9%
2018
16
$163,750
-17.7%
Median property tax
Median sale price
Effective property tax rate
2009
$2,875.43
$108,225
2.7%
2010
$3,724.15
$131,100
2.8%
2011
$2,799.24
$141,250
2%
2012
$3,033.70
$120,445
2.5%
2013
$3,326.64
$172,800
1.9%
2014
$2,810.93
$135,680
2.1%
2015
$2,396.37
$125,875
1.9%
2016
$3,566.55
$170,100
2.1%
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