Housing Prices in Tremont, IL

How much do homes in Tremont, IL cost?

Median List Price

$197,245

$108/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$12,245(+6.6%)

Key Takeaway

The list price of homes in Tremont has increased by 6.6% since last year.

Summary: The median home list price in Tremont was $197,245 in February 2024, up 6.6% from the previous year, and the median price per square foot was $108.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $131.2K$154.7K
+17.9%
3 $164.9K$179.9K
+9.1%
4 $269.9K$298.2K
+10.5%
5+ $289K$449.9K
+55.7%

Summary: Tremont housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 55.7%.

Median List Price Compared To Nearby Cities

Elm Grove Township
+16.1%
Tremont
+6.6%
Tremont Township
0%

Housing Supply in Tremont, IL

How many homes are available in Tremont, IL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
56+20.0%

Summary: The Tremont real estate market had 6 homes for sale in February 2024, a 20.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Tremont housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Tremont, IL

How long does it take to sell a home in Tremont, IL?

Average Listing Age

Feb 2023Feb 2024CHANGE
98 Days74 Days-24.3%

Summary: Homes in Tremont had an average listing age of 74 days in Feb 2024, down by 24.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Tremont, IL

Nearby Markets to Tremont, IL