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Peoria Standard

Friday, November 22, 2024

Tremont home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Tremont rose by $750 while total sales decreased by 13%, according to BlockShopper.com.

From July through September of 2017, there were 20 homes sold, with a median sale price of $163,750 - a 0.5% increase over the $163,000 median sale price for the same period of the previous year. There were 23 homes sold in Tremont in the third quarter of 2016.

The median sales tax in Tremont for the most recent year with available data, 2016, was $3,482.50, approximately 2.1% of the median home sale price for the third quarter of 2017.

The following table compares Tremont to other Tazewell County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Washington102121-15.7%$201,450$208,000-3.1%
Deer Creek45-20%$173,000$50,000246%
Morton82785.1%$169,700$177,000-4.1%
Heritage Lake10911.1%$168,500$149,00013.1%
Tremont2023-13%$163,750$163,0000.5%
Green Valley48-50%$162,550$97,00067.6%
Hopedale12850%$157,000$102,40053.3%
Mackinaw16156.7%$135,000$115,00017.4%
East Peoria1261250.8%$133,250$128,0004.1%
Minier10825%$126,200$129,950-2.9%
Pekin16914020.7%$100,000$82,00022%

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