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Peoria Standard

Sunday, November 24, 2024

Tremont home prices rise in July 2017

Re 11

The median sale price of a home sold in July 2017 in Tremont rose by $5,000 while total sales decreased by 8.3%, according to BlockShopper.com.

In July 2017, there were 11 homes sold, with a median sale price of $170,000 - a 3% increase over the $165,000 median sale price for the same period of the previous year. There were 12 homes sold in Tremont in July 2016.

The median sales tax in Tremont for the most recent year with available data, 2016, was $3,483, approximately 2% of the median home sale price for July 2017.

The following table compares Tremont to other Tazewell County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Hopedale24-50%$313,262.50$84,500270.7%
Washington3943-9.3%$200,000$181,87510%
Deer Creek13-66.7%$190,000$50,000280%
Heritage Lake35-40%$170,000$185,000-8.1%
Tremont1112-8.3%$170,000$165,0003%
Morton312524%$169,500$159,5006.3%
Green Valley23-33.3%$162,550$70,000132.2%
Mackinaw34-25%$122,500$165,500-26%
East Peoria47446.8%$121,500$130,750-7.1%
Minier660%$116,000$129,950-10.7%
Pekin664643.5%$100,000$81,95022%

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