The housing market in Tolono, IL is thriving. The median value of a house in Tolono is $185,600, which is significantly lower than the US median value of $338,100. However, the one-year appreciation rate for houses in Tolono is 8.72%, which is higher than the US overall one-year appreciation rate of 8.27%. This indicates that the housing market in Tolono is highly productive and resilient despite being lower than the national average.
The median home cost in Tolono is $185,600. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Tolono is up 14.5%.
Average Age of Homes
- The median age of Tolono real estate is 42 years old
The Rental Market in Tolono
- Renters make up 14.4% of the Tolono population
- 0.0% of houses and apartments in Tolono, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.