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Peoria Standard

Wednesday, November 27, 2024

Tremont home prices fall in July 2019

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The median sale price of a home sold in July 2019 in Tremont fell by $40,000 while total sales decreased by 66.7%, according to BlockShopper.com.

In July 2019, there were two homes sold, with a median sale price of $129,000 - a 23.7% decrease over the $169,000 median sale price for the same period of the previous year. There were six homes sold in Tremont in July 2018.

The median sales tax in Tremont for the most recent year with available data, 2018, was $3,591, approximately 2.8% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Mackinaw6520%$199,625$142,50040.1%
Washington3944-11.4%$192,000$149,25028.6%
Delavan220%$156,500$100,00056.5%
Heritage Lake42100%$137,750$125,15010.1%
East Peoria653871.1%$131,500$126,0004.4%
Tremont26-66.7%$129,000$169,000-23.7%
Deer Creek20-$123,000$0-
Hopedale21100%$107,500$100,0007.5%
Pekin705137.3%$98,500$89,00010.7%
Green Valley4333.3%$95,450$34,900173.5%
Minier31200%$95,000$76,50024.2%

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