Tremont, IL is a great place for housing, with its median value being $198,900. This is significantly lower than the US House Median Value of $338,100. Despite this, Tremont still experienced a healthy appreciation rate over the past year at 7.36%, only slightly less than the US 1 year House Appreciation of 8.27%. This demonstrates that Tremont has potential to be a good option for housing and could be even better in years to come with more appreciation.
The median home cost in Tremont is $198,900. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Tremont is up 7.3%.
Average Age of Homes
- The median age of Tremont real estate is 50 years old
The Rental Market in Tremont
- Renters make up 21.1% of the Tremont population
- 0.0% of houses and apartments in Tremont, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.