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Featured local agent — Tremont, IL
Sarah Mitchell
Compass Real Estate · Tremont, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tremont, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$166,500median sale price
How is the Tremont, IL housing market right now?
The median home sale price in Tremont, IL is $166,500, up 89.7% year-over-year. Homes sell in an average of 13 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Tremont a buyer's or seller's market?
Tremont, IL is currently a strong seller's market, based on 0.5 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
13
Fast-moving
Active listings
1
0.5 months supply
Sale-to-list
96.2%
Below asking
What does the Tremont housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $166,500 |
| Median list price | $125,000 |
| Year-over-year price change | +89.7% |
| Average days on market | 13 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 96.2% |
| Median price per sq ft | $165/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Tremont by property type?
How the Tremont, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $166,500 | $165/sq ft | 2 | 13 days |
| Condo / Co-op | $240,000 | $177/sq ft | 1 | 13 days |
Source: Redfin · Updated monthly
The Tremont housing market is currently classified as a strong seller's market with a median sale price of $166,500. Prices have risen 89.7% compared to last year, with homes spending an average of 13 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Tremont
There are currently 1 homes listed for sale in Tremont, Illinois. The median listing price is $125K.
Active listings
1
Homes on market
Median list price
$125K
Avg. days on market
13
Days until sale
New this week
1
Newly listed
Who lives in Tremont?
Population
2,300
Median income
$77,420/yr
Median age
39.8 years
Owner-occupied
64.2%
College grads
37.1%
Avg commute
19.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Tremont?
Zillow home value
$261,282
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Tremont?
Tremont is a community of approximately 2K residents with a median age of 39.8 years.The median household income is $77,420, which reflects a relatively affluent area with strong earning potential. 37.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 64.2%, showing a blend of owner and renter-occupied properties. The average commute time is 19.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tremont offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Tremont?
3 schools tracked · 891 students
The largest public schools serving Tremont, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Tremont Elem School
Grades PK-4 · 314 students
Tremont Middle School
Grades 5-8 · 290 students
Tremont High School
Grades 9-12 · 287 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Tremont, IL?
Want a head-to-head view? Compare Tremont side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Tremont?
The median home sale price in Tremont is $166,500, up 89.7% from last year.
How long do homes stay on market in Tremont?
Homes typically spend 13 days on market before going under contract.
What is the median income in Tremont?
The median household income is $77,420 per year.
Is Tremont a buyer's or seller's market?
With 0.5 months of supply, Tremont is currently a strong seller's market.
What is the Zillow home value estimate for Tremont?
The Zillow Home Value Index (ZHVI) for Tremont is $261,282, representing the typical home value in the area.
What is the median condo price in Tremont?
The median condo/co-op sale price in Tremont, IL is $240,000, compared to $166,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Tremont?
The median single-family home price in Tremont, IL is $166,500 (about $165 per square foot).
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