Housing in the small city of Toluca, IL is considered quite affordable compared to the national median value. The median value for a home in Toluca is $95,200 which is significantly lower than the US median value of $338,100. Home appreciation rates are also lower in Toluca, with a 1 year appreciation rate of 6.44% compared to 8.27% nationally. With its relatively affordable prices and slower appreciation rate, Toluca is an attractive location for people looking for a relaxed lifestyle and an affordable place to call home.
The median home cost in Toluca is $95,200. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Toluca is up 8.8%.
Average Age of Homes
- The median age of Toluca real estate is 60 years old
The Rental Market in Toluca
- Renters make up 17.3% of the Toluca population
- 5.1% of houses and apartments in Toluca, 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.