Tremont home prices fall in October 2020

Medium realestate1

The median sale price of a home sold in October 2020 in Tremont fell by $29,950 while total sales decreased by 33.3%, according to BlockShopper.com.

In October 2020, there were four homes sold, with a median sale price of $135,000 - a 18.2% decrease over the $164,950 median sale price for the same period of the previous year. There were six homes sold in Tremont in October 2019.

The median sales tax in Tremont for the most recent year with available data, 2019, was $3,609, approximately 2.7% of the median home sale price for October 2020.

The following table compares Tremont to other Tazewell County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Armington10-$160,000$0-
Washington40378.1%$155,250$170,000-8.7%
Delavan37-57.1%$153,000$90,00070%
East Peoria3746-19.6%$139,900$131,0006.8%
Green Valley21100%$139,000$153,900-9.7%
Tremont46-33.3%$135,000$164,950-18.2%
Minier4333.3%$126,000$156,250-19.4%
North Pekin5425%$114,000$99,49014.6%
Deer Creek330%$110,000$141,000-22%
Pekin5559-6.8%$110,000$92,44819%
Marquette Heights770%$86,000$94,000-8.5%

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