24 homes sold in Tremont in the last year, at a typical $218K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Tremont homes are listed.
Every place Tremont homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Tremont.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Tremont’s sales, at a typical $218K
24 homes sold in the year to May 2026.
typical sale · 24 sold in 12 months
- Per square foot
- $122IL $180
- Days to sell
- 28
- Sold over asking
- 25%
- Listings with a price cut
- 45%
About as many homes sell as usual, at 1.5 times the 2016 price
24 sales in the last year, against 40 in 2021 and a low of 19 in 2014. The typical sale went from $147K in 2016 to $218K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Tremont
Check a listing against what Tremont homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Tremont are more common than before the pandemic, but three quarters fewer homes come up for sale
We read every month of Tremont’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 24 sales.
If you’re buying in Tremont
- Shop in September. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (3% over asking).
- Bid near asking. Buyers paid 98.9% of the list price on average; 25% paid over.
- You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 28 days.
Summer brings the homes; spring brings the bidding wars
July has the most new listings (about 3 a month), but April is the most competitive: 30% of April sales close over asking. September offers nearly as much choice with fewer homes bid up (3%). September has the least competition (3%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Illinois
| Tremont now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 25% | 7% | 15% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 35% | 3% | 0% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 45% | — | — | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 98.9% | 97% | 97.5% | 99.2% |
| Days to sellMedian days from listing to contract | 28 | 304 | 144 | 49 |
3 homes for sale on a typical day
That’s 79% fewer than in 2017–19 and well under 2018’s 15.
1 in 2 listings has cut its price
45% in the last year, against — in 2017–19 and 19% across Illinois.
Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Tremont home costs about $1,491 a month
Price: Tremont’s typical sale, last 12 months. Property tax at Tremont’s 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Tremont is affordable on local pay is on Cost of living.
Six things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $218K home, about $4,240 a year.
Taxes vs. neighborsSchools
The schools grade for Tremont, from test results, graduation and how much students grow.
Schools in TremontCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Pekin, Marquette Heights, Creve Coeur, East Peoria and Delavan sell for less a square foot
The busier markets within 25 miles of Tremont, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Pekin | 472 | $132K | $95 | 35% | 21 |
| East Peoria | 294 | $178K | $117 | 45% | 14 |
| Morton | 224 | $280K | $133 | 46% | 15 |
| Creve Coeur | 77 | $114K | $88 | 39% | 31 |
| Marquette Heights | 42 | $147K | $111 | 36% | 24 |
| Delavan | 31 | $154K | $76 | 29% | 39 |
| Tremont | 24 | $218K | $122 | 25% | 28 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Tremont, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Tremont. People who follow the town see it, and so do people comparing Tremont with their own town. No commission, no listing fee.
Questions about buying a home in Tremont
What do homes sell for in Tremont, IL?
24 homes sold in the year to May 2026 at a typical $218K, $122 a square foot.
Is Tremont a buyer’s or seller’s market?
A seller’s market: 1 homes were for sale in May 2026 and 2 sold, about 0.5 months of supply. Buyers paid 98.9% of asking on average, and 45% of listings cut their price.
When is the best time to buy in Tremont?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Tremont?
About 2% of a home’s value a year. On a $218K home that’s near $4,240.
Where can I see homes for sale in Tremont?
Zillow, Redfin, Realtor.com and Homes.com all carry Tremont’s MLS listings; the search links above open each one filtered to Tremont.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).