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Friday, November 22, 2024

Tremont home prices fall in September 2017

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The median sale price of a home sold in September 2017 in Tremont fell by $45,500 while total sales decreased by 42.9%, according to BlockShopper.com.

In September 2017, there were four homes sold, with a median sale price of $124,500 - a 26.8% decrease over the $170,000 median sale price for the same period of the previous year. There were seven homes sold in Tremont in September 2016.

The median sales tax in Tremont for the most recent year with available data, 2016, was $3,483, approximately 2.8% of the median home sale price for September 2017.

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

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Morton2027-25.9%$176,000$187,000-5.9%
Deer Creek12-50%$160,000$90,50076.8%
Minier110%$155,000$32,660374.6%
Hopedale62200%$150,250$140,9006.6%
Mackinaw42100%$150,000$87,70071%
Tremont47-42.9%$124,500$170,000-26.8%
North Pekin12-50%$121,000$31,250287.2%
East Peoria363116.1%$115,950$132,900-12.8%
Pekin39375.4%$98,000$64,00053.1%
South Pekin23-33.3%$86,500$65,00033.1%
Delavan31200%$80,000$149,900-46.6%

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