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Peoria Standard

Tuesday, November 26, 2024

Tremont home prices rise in October 2019

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The median sale price of a home sold in October 2019 in Tremont rose by $5,200 while total sales increased by 50%, according to BlockShopper.com.

In October 2019, there were six homes sold, with a median sale price of $164,950 - a 3.3% increase over the $159,750 median sale price for the same period of the previous year. There were four homes sold in Tremont in October 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 October 2019.

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

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Washington373023.3%$170,000$139,70021.7%
Tremont6450%$164,950$159,7503.3%
Minier3250%$156,250$240,500-35%
Green Valley12-50%$153,900$134,75014.2%
Mackinaw92350%$153,000$272,500-43.9%
Heritage Lake34-25%$147,590$179,250-17.7%
Morton2021-4.8%$142,250$178,500-20.3%
Deer Creek3250%$141,000$94,00050%
East Peoria463243.8%$131,000$124,5005.2%
North Pekin42100%$99,490$110,500-10%
Marquette Heights73133.3%$94,000$47,000100%

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