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Peoria Standard

Tuesday, November 26, 2024

Tremont home prices fall in March 2019

Re 11

The median sale price of a home sold in March 2019 in Tremont fell by $118,250 while total sales decreased by 77.8%, according to BlockShopper.com.

In March 2019, there were two homes sold, with a median sale price of $56,750 - a 67.6% decrease over the $175,000 median sale price for the same period of the previous year. There were nine homes sold in Tremont in March 2018.

The median sales tax in Tremont for the most recent year with available data, 2016, was $3,483, approximately 6.1% of the median home sale price for March 2019.

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

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Deer Creek12-50%$113,000$166,950-32.3%
Mackinaw62200%$112,500$142,500-21.1%
Marquette Heights3250%$95,500$62,50052.8%
Hopedale12-50%$90,000$129,250-30.4%
Delavan25-60%$83,950$50,00067.9%
Pekin41387.9%$80,500$95,450-15.7%
North Pekin41300%$73,500$15,000390%
South Pekin3250%$58,700$19,827.50196.1%
Tremont29-77.8%$56,750$175,000-67.6%
Creve Coeur5366.7%$42,000$59,900-29.9%
Armington110%$35,000$100,000-65%

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