Housing in Tolono, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$185,000
Median List Price
$349,900
Price Per Sq Ft
$166
Days on Market
51
Active Inventory
5
Months of Supply
5.0
Balanced market
Zillow Home Value
$238,431
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
92.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
3
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$166
Median List $/SF
$157
Tolono vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Tolono 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
$207,200
Median Rent
$1,002
Total Housing Units
1,488
Vacancy Rate
7.7%
Owner Occupied
72.2%
Renter Occupied
27.8%
Median Property Tax
$3,548
per year
Monthly Cost (w/ Mortgage)
$1,140
Housing Types
The current median sale price in Tolono, IL is $185,000 according to Redfin data. Homes spend a median of 51 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $166. The median rent is $1,002 per month (Census ACS). About 72.2% of housing units are owner-occupied. The median year homes were built is 1986. There are 1,488 total housing units.