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Peoria Standard

Sunday, November 24, 2024

Tremont home prices rise in December 2017

Realestate5

The median sale price of a home sold in December 2017 in Tremont rose by $283,000 while total sales decreased by 50%, according to BlockShopper.com.

In December 2017, there were two homes sold, with a median sale price of $427,000 - a 196.5% increase over the $144,000 median sale price for the same period of the previous year. There were four homes sold in Tremont in December 2016.

The median sales tax in Tremont for the most recent year with available data, 2016, was $3,483, approximately 0.8% of the median home sale price for December 2017.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Tremont24-50%$427,000$144,000196.5%
Green Valley110%$165,000$40,000312.5%
Washington2627-3.7%$143,950$185,000-22.2%
Morton181612.5%$143,250$146,000-1.9%
Heritage Lake31200%$134,500$185,000-27.3%
Minier12-50%$131,000$113,50015.4%
East Peoria27263.8%$108,000$115,000-6.1%
Creve Coeur27-71.4%$107,500$36,900191.3%
Hopedale3250%$92,500$180,950-48.9%
Mackinaw41300%$87,500$80,0009.4%
Pekin4041-2.4%$73,750$90,500-18.5%

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