Housing in Tallula, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — July 2025Median Sale Price
$138,000
Median List Price
$130,000
Price Per Sq Ft
$99
Days on Market
38
Active Inventory
N/A
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
100.0%
Sale-to-List Ratio
98.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$99
Median List $/SF
$131
Tallula vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Tallula is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$96,900
Median Rent
$1,094
Total Housing Units
288
Vacancy Rate
10.8%
Owner Occupied
86.4%
Renter Occupied
13.6%
Median Property Tax
$1,763
per year
Monthly Cost (w/ Mortgage)
$944
Housing Types
The current median sale price in Tallula, IL is $138,000 according to Redfin data. Homes spend a median of 38 days on the market. 50.0% of homes sold above asking price. The median price per square foot is $99. The median rent is $1,094 per month (Census ACS). About 86.4% of housing units are owner-occupied. The median year homes were built is 1940. There are 288 total housing units.