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Monday, November 25, 2024

Tremont home prices rise in April 2018

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The median sale price of a home sold in April 2018 in Tremont rose by $22,250 while total sales decreased by 50%, according to BlockShopper.com.

In April 2018, there were three homes sold, with a median sale price of $152,500 - a 17.1% increase over the $130,250 median sale price for the same period of the previous year. There were six homes sold in Tremont in April 2017.

The median sales tax in Tremont for the most recent year with available data, 2016, was $3,483, approximately 2.3% of the median home sale price for April 2018.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Washington4115173.3%$189,230$172,00010%
Morton201442.9%$165,000$141,75016.4%
East Peoria332343.5%$153,700$123,90024.1%
Tremont36-50%$152,500$130,25017.1%
Mackinaw550%$128,000$109,50016.9%
Deer Creek10-$113,000$0-
Hopedale40-$104,500$0-
Marquette Heights104150%$83,500$58,45042.9%
Green Valley20-$76,900$0-
Pekin473630.6%$76,000$88,450-14.1%
North Pekin330%$73,900$79,450-7%

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