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Peoria Standard

Tuesday, August 5, 2025

The first quarter of 2021: Tremont experienced a 10.2% increase in median home prices

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The median sale price of a home sold in the first quarter of 2021 in Tremont rose by $19,000 while total sales increased by 36.4%, according to BlockShopper.com.

From January through March of 2021, there were 15 homes sold, with a median sale price of $205,000 - a 10.2% increase over the $186,000 median sale price for the same period of the previous year. There were 11 homes sold in Tremont in the first quarter of 2020.

The median sales tax in Tremont for the most recent year with available data, 2019, was $3,609, approximately 1.8% of the median home sale price for the first quarter of 2021.

The following table compares Tremont to other Tazewell County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Morton684938.8%$224,000$175,90027.3%
Tremont151136.4%$205,000$186,00010.2%
Washington827017.1%$170,950$174,250-1.9%
Delavan89-11.1%$164,937.50$79,000108.8%
Heritage Lake56-16.7%$164,800$149,75010.1%
Green Valley330%$140,000$135,5003.3%
Mackinaw12771.4%$137,950$125,00010.4%
Minier124200%$137,450$136,1251%
East Peoria988416.7%$121,250$110,7509.5%
Hopedale6450%$104,750$219,250-52.2%
Marquette Heights145180%$101,000$88,50014.1%

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