Zip 61880 (Tolono, IL) Housing

The housing market in 61880 Tolono, IL is very strong. The median value of a house in this area is $181,600, which is significantly lower than the US House Median Value of $338,100. Despite this lower median value, the rate of appreciation for houses in 61880 Tolono, IL has been higher than the national average at 8.72%, compared to 8.27%. This indicates that the housing market in 61880 Tolono is a healthy and desirable one for potential buyers and sellers alike.

The median home cost in Tolono (zip 61880) is $181,600. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Tolono (zip 61880) is up 14.5%.

Average Age of Homes

- The median age of Tolono (zip 61880) real estate is 45 years old

The Rental Market in Tolono (zip 61880)

- Renters make up 12.6% of the Tolono (zip 61880) population
- 0.0% of houses and apartments in Tolono (zip 61880), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Tolono, Illinois	United States
	1,735.0	139,647,020.0
	43	42
	$181,600	$338,100
	14.5%	16.6%
	36.1%	57.0%
	46.3%	101.1%
	$18.52	$10.98
	$3,422	$2,690
	75.3%	57.4%
	2.7%	11.2%
	22.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	1.5%	2.4%
	2.6%	2.8%
	2.6%	3.9%
	2.5%	4.5%
	30.4%	11.3%
	19.6%	13.0%
	27.6%	20.1%
	11.1%	13.6%
	0.0%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	1.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	26.1%	13.6%
	26.1%	13.6%
	10.8%	13.6%
	4.6%	13.2%
	20.9%	14.8%
	10.8%	13.6%
	16.6%	10.0%
	1.6%	4.7%
	9.2%	12.2%

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