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TREMONT, IL 61568

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The TREMONT, IL real estate market (61568) currently shows 7 active listings, with 5 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 46 days on market compared to 78 days last year.

The median listing price has fallen 36.9% year-over-year, from $364,950 to $230,325.

Whether you are buying or selling in TREMONT, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,606  ·  Density: 26.2/mi²  ·  Median household income: $87,583

Typical home value: $226,015  ·  Homeownership: 76.0%

Market Overview

Active Listings
7
vs 7 last year
Pending
5
71% pending ratio
Median Price
$230,325
⇩ 36.9% vs $364,950 last year
Average Price
$316,905
⇩ 9.9% vs $351,600 last year
Days on Market
46
⇩ 41% vs 78 days last year

Price Per Square Foot

Median $/sqft
$129
⇩ 11% vs $145/sqft last year
Median Home Size
2,220 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 46 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $230,325 (-36.9% YoY)
  • Average: $316,905 (-9.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.9 miles — 200 listings ($54,831,053 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61568Tremont, IL 615680.0 mi11$3,253,492$229,325$295,772
61747Hopedale, IL 617476.5 mi2$350,000$175,000$175,000
61550Morton, IL 615507.6 mi31$13,627,290$316,150$439,590
61564South Pekin, IL 615649.3 mi3$182,850$60,950$60,950
61759Minier, IL 617599.5 mi3$755,700$248,250$251,900
61610Creve Coeur, IL 6161011.4 mi7$1,053,990$177,400$150,570
61602Peoria, IL 6160213.8 mi24$5,194,944$214,975$216,456
61571Washington, IL 6157114.1 mi42$14,188,062$263,675$337,811
62635Emden, IL 6263514.4 mi1$200,000$200,000$200,000
61611East Peoria, IL 6161114.6 mi53$12,598,365$177,450$237,705
61606Peoria, IL 6160615.2 mi20$2,924,360$139,900$146,218
61774Stanford, IL 6177415.5 mi2$395,000$197,500$197,500
61539Kingston Mines, IL 6153915.9 mi1$107,000$107,000$107,000

Frequently Asked Questions

How many homes are for sale in TREMONT, IL 61568?

As of March 2026, there are 7 active listings in TREMONT, IL (zip code 61568), compared to 7 the prior year.

What is the median home price in TREMONT, IL 61568?

The median listing price in TREMONT, IL 61568 is $230,325 as of March 2026, a 36.9% decrease from $364,950 the prior year.

How long do homes stay on the market in TREMONT, IL?

Homes in TREMONT, IL 61568 spend an average of 46 days on the market before going under contract, compared to 78 days the prior year.

Is it a seller's or buyer's market in TREMONT, IL 61568?

Based on current inventory and days-on-market data as of March 2026, TREMONT, IL 61568 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 46 days on market compared to 78 days last year.

How much can I save on real estate commission in TREMONT, IL?

With SELL123.com's maximum 3% commission, sellers in TREMONT, IL 61568 save an estimated $4,607 compared to a typical 5% commission on the median listing price of $230,325. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.