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Rent To Own Homes in Tremont, IL 61568

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Tremont, IL Foreclosures

How much do homes sell for in Tremont, IL?
The average home price is currently $279,945.
In Tremont, IL, how many homes are available?
There are currently 1 active home listings available in Tremont.
What’s the average rental cost in Tremont, IL?
The average rental price in Tremont is $1,522.
What is the most expensive home in Tremont?
The most expensive home sold in Tremont had a price of $2,631,343.
What is currently the cheapest priced home in Tremont, IL?
The cheapest home for sale in Tremont is priced at $12,358.

Living in Tremont, IL

Tremont, IL is a charming small village known for its community spirit and family-friendly environment. With several parks and local amenities, Tremont offers a comfortable lifestyle surrounded by nature and a supportive community. Its proximity to larger cities makes it an ideal location for both relaxation and convenience.

Current Market Conditions in Tremont, IL

The real estate market in Tremont, IL has shown steady growth over the past few years, with home values increasing steadily as more families move to the area seeking a quieter lifestyle. The demand for homes has risen due to the village's excellent school system and community-driven lifestyle.

Recent trends indicate that buyers are particularly interested in single-family homes with yards, which are perfect for families with children. The average days on the market for listings in Tremont has decreased as inventory becomes more limited.

Home Value Estimator For Tremont, IL

There are currently 1,783 real estate properties in Tremont, IL, with a median automated valuation model (AVM) price of $246,130.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tremont, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Tremont, IL, is $279,945.00, with the most expensive house in Tremont, IL, topping out at $2,631,343.00 and the cheapest home in Tremont, IL, clocking in at $12,358.00. In other words, there’s something for every potential homebuyer or savvy investor in Tremont, IL!

Rent Prices In Tremont, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tremont, IL, is on a rollercoaster ride. The average rent price in Tremont, IL, is $1,522.00. Indeed, when looking to rent in Tremont, IL, you can expect to pay as little as $670.00 or as much as $2,780.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Tremont, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Tremont, IL 61568 Rent To Own Homes

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