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Peoria Standard

Friday, April 26, 2024

Tremont home prices rise in 2019

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The median sale price of a home sold in 2019 in Tremont rose by $4,500 while total sales decreased by 10.1%, according to BlockShopper.com.

From January through December of 2019, there were 62 homes sold, with a median sale price of $162,500 - a 2.8% increase over the $158,000 median sale price for the previous year. There were 69 homes sold in Tremont in 2018.

The median sales tax in Tremont for the most recent year with available data, 2018, was $3,591, approximately 2.2% of the median home sale price for 2019.

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

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Morton297315-5.7%$175,000$181,250-3.4%
Washington329389-15.4%$165,000$155,0006.5%
Tremont6269-10.1%$162,500$158,0002.8%
Heritage Lake291861.1%$146,000$170,000-14.1%
Mackinaw514221.4%$137,000$157,500-13%
Deer Creek911-18.2%$130,000$108,00020.4%
East Peoria461463-0.4%$128,000$119,0007.6%
Green Valley2328-17.9%$124,000$88,45040.2%
Minier34326.3%$120,000$79,40051.1%
Hopedale302142.9%$108,700$118,560-8.3%
Delavan453721.6%$94,750$74,00028%

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