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Peoria Standard

Tuesday, April 23, 2024

Tremont home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Tremont fell by $38,500 while total sales decreased by 72.7%, according to BlockShopper.com.

In June 2019, there were three homes sold, with a median sale price of $141,500 - a 21.4% decrease over the $180,000 median sale price for the same period of the previous year. There were 11 homes sold in Tremont in June 2018.

The median sales tax in Tremont for the most recent year with available data, 2016, was $3,483, approximately 2.5% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Hopedale110%$250,000$54,000363%
Morton1535-57.1%$180,000$187,500-4%
Delavan21100%$165,000$157,0005.1%
Heritage Lake23-33.3%$161,950$157,0003.2%
East Peoria3351-35.3%$145,000$124,50016.5%
Tremont311-72.7%$141,500$180,000-21.4%
Washington3052-42.3%$130,450$190,000-31.3%
Green Valley13-66.7%$124,000$17,000629.4%
Minier34-25%$109,500$93,45017.2%
Marquette Heights68-25%$95,125$94,5000.7%
Pekin4460-26.7%$90,950$92,950-2.2%

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