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Peoria Standard

Thursday, April 17, 2025

Tremont home prices fall in January 2018

Realestate1

The median sale price of a home sold in January 2018 in Tremont fell by $180,050 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In January 2018, there were four homes sold, with a median sale price of $127,450 - a 58.6% decrease over the $307,500 median sale price for the same period of the previous year. There were four homes sold in Tremont in January 2017, as well.

The median sales tax in Tremont for the most recent year with available data, 2016, was $3,483, approximately 2.7% of the median home sale price for January 2018.

The following table compares Tremont to other Tazewell County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Heritage Lake13-66.7%$170,000$169,5000.3%
Morton161233.3%$165,750$188,250-12%
Mackinaw3250%$165,000$98,50067.5%
Hopedale110%$160,000$60,000166.7%
Washington1719-10.5%$146,000$176,500-17.3%
Tremont440%$127,450$307,500-58.6%
North Pekin21100%$124,495$145,000-14.1%
Deer Creek20-$109,995$0-
East Peoria322528%$108,500$92,00017.9%
Minier20-$84,950$0-
Marquette Heights26-66.7%$74,000$65,40013.1%

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