The typical home value in
Tremont
is projected to be
$403,130
for the month of
September.
August’s
finalized data reported the typical value of a home in the
neighborhood
to be
$407,500—down
11.41%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$143,000
in
Cleveland
for the most recent reporting period.
That number is expected to float around
$150,250
in
September.
Tremont
had
40
new listings and
36
listings that went under contract in
August,
decreasing
the area’s total available inventory to
43—down
12.24%
from the previous month. Inventory is projected to have further
decreased
in
September.
The median listing price for homes in
Tremont
grew
17.66%
from
July
to
August,
bringing the current median listing price to
$479,450.
Based on projected data for
September,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
August 2025,
the median time for a listed property to go pending was
59
days, compared to
81
days in
August 2024.
In recent months the median number of days from listed to pending appears to be decreasing.
That trend is predicted to have carried through to this
September.