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Peoria Standard

Sunday, November 24, 2024

Tremont home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Tremont rose by $45,050 while total sales increased by 25%, according to BlockShopper.com.

In August 2017, there were five homes sold, with a median sale price of $180,000 - a 33.4% increase over the $134,950 median sale price for the same period of the previous year. There were four homes sold in Tremont in August 2016.

The median sales tax in Tremont for the most recent year with available data, 2016, was $3,483, approximately 1.9% of the median home sale price for August 2017.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Green Valley13-66.7%$220,000$168,00031%
Washington3344-25%$182,000$225,500-19.3%
Tremont5425%$180,000$134,95033.4%
Morton312619.2%$166,000$178,275-6.9%
East Peoria4350-14%$150,000$118,75026.3%
Heritage Lake34-25%$140,000$118,25018.4%
Mackinaw990%$135,000$147,000-8.2%
Minier31200%$132,400$140,000-5.4%
Deer Creek20-$127,000$0-
Hopedale42100%$114,750$118,500-3.2%
Marquette Heights34-25%$108,000$98,00010.2%

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