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Peoria Standard

Friday, April 19, 2024

Tremont home prices rise in May 2019

Realestate2

The median sale price of a home sold in May 2019 in Tremont rose by $12,450 while total sales increased by 200%, according to BlockShopper.com.

In May 2019, there were 12 homes sold, with a median sale price of $177,450 - a 7.5% increase over the $165,000 median sale price for the same period of the previous year. There were four homes sold in Tremont in May 2018.

The median sales tax in Tremont for the most recent year with available data, 2016, was $3,483, approximately 2% of the median home sale price for May 2019.

The following table compares Tremont to other Tazewell County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Morton28280%$230,450$186,25023.7%
Tremont124200%$177,450$165,0007.5%
Heritage Lake220%$174,625$213,000-18%
Washington38365.6%$169,750$136,75024.1%
Hopedale35-40%$153,000$118,56029%
East Peoria4250-16%$147,000$114,35028.6%
Mackinaw40-$122,750$0-
Minier52150%$117,000$80,45045.4%
Marquette Heights9580%$104,500$87,90018.9%
Green Valley110%$100,000$179,000-44.1%
South Pekin21100%$97,000$42,000131%

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