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TOWANDA, IL 61776

Real Estate Market Report  ·  McLean County
Balanced Market
May 2026  ·  Source: Realtor.com

Market Analysis

Data as of May 2026. Source: Realtor.com.

The TOWANDA, IL real estate market (61776) currently shows 2 active listings, with 2 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 46 days on market compared to 13 days last year.

The median listing price has fallen 3.4% year-over-year, from $366,950 to $354,475.

Whether you are buying or selling in TOWANDA, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,321  ·  Density: 12.7/mi²  ·  Median household income: $103,026

Typical home value: $186,821  ·  Homeownership: 88.4%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
2
100% pending ratio
Median Price
$354,475
⇩ 3.4% vs $366,950 last year
Average Price
$354,475
⇧ 6.8% vs $331,950 last year
Days on Market
46
⇧ 253.8% vs 13 days last year

Price Per Square Foot

Median $/sqft
$144
⇧ 8.3% vs $133/sqft last year
Median Home Size
3,267 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 46 now vs 13 last year

Median & Average Pricing

Year over Year
  • Median: $354,475 (-3.4% YoY)
  • Average: $354,475 (+6.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.7 miles — 225 listings ($87,463,478 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61761Normal, IL 617615.5 mi73$25,222,741$358,725$345,517
61748Hudson, IL 617487.1 mi1$849,000$849,000$849,000
61704Bloomington, IL 617048.1 mi65$27,570,985$377,400$424,169
61705Bloomington, IL 6170510.3 mi44$22,886,116$439,675$520,139
61736Downs, IL 6173611.7 mi4$1,269,600$332,400$317,400
61728Colfax, IL 6172812.7 mi7$1,325,569$111,175$189,367
61726Chenoa, IL 6172614.6 mi11$2,520,265$215,000$229,115
61772Shirley, IL 6177216.5 mi1$187,900$187,900$187,900
61732Danvers, IL 6173218.0 mi4$751,252$186,875$187,813
61729Congerville, IL 6172919.1 mi2$200,000$100,000$100,000
61770Saybrook, IL 6177020.2 mi4$651,800$186,000$162,950
61739Fairbury, IL 6173921.4 mi6$1,452,000$242,000$242,000
61754McLean, IL 6175422.7 mi3$2,576,250$858,750$858,750

Frequently Asked Questions

How many homes are for sale in TOWANDA, IL 61776?

As of May 2026, there are 2 active listings in TOWANDA, IL (zip code 61776), compared to 3 the prior year.

What is the median home price in TOWANDA, IL 61776?

The median listing price in TOWANDA, IL 61776 is $354,475 as of May 2026, a 3.4% decrease from $366,950 the prior year.

How long do homes stay on the market in TOWANDA, IL?

Homes in TOWANDA, IL 61776 spend an average of 46 days on the market before going under contract, compared to 13 days the prior year.

Is it a seller's or buyer's market in TOWANDA, IL 61776?

Based on current inventory and days-on-market data as of May 2026, TOWANDA, IL 61776 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 13 days last year.

How much can I save on real estate commission in TOWANDA, IL?

With SELL123.com's maximum 3% commission, sellers in TOWANDA, IL 61776 save an estimated $7,090 compared to a typical 5% commission on the median listing price of $354,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.