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TOLONO, IL 61880

Real Estate Market Report  ·  Champaign County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The TOLONO, IL real estate market (61880) currently shows 6 active listings, with 3 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 95 days on market compared to 104 days last year.

The median listing price has fallen 6.7% year-over-year, from $299,950 to $279,900.

Whether you are buying or selling in TOLONO, 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: 4,570  ·  Density: 28.5/mi²  ·  Median household income: $90,417

Typical home value: $206,985  ·  Homeownership: 77.4%

Market Overview

Active Listings
6
⇧ 100% vs 3 last year
Pending
3
50% pending ratio
Median Price
$279,900
⇩ 6.7% vs $299,950 last year
Average Price
$293,447
⇩ 2.2% vs $299,950 last year
Days on Market
95
⇩ 8.7% vs 104 days last year

Price Per Square Foot

Median $/sqft
$204
⇧ 41.7% vs $144/sqft last year
Median Home Size
1,267 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 3 last year
  • Days on market: 95 now vs 104 last year

Median & Average Pricing

Year over Year
  • Median: $279,900 (-6.7% YoY)
  • Average: $293,447 (-2.2% 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 19.0 miles — 233 listings ($85,614,817 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61880Tolono, IL 618800.0 mi5$1,571,625$316,200$314,325
61874Savoy, IL 618745.3 mi17$8,884,370$549,900$522,610
61872Sadorus, IL 618727.6 mi3$1,365,900$455,300$455,300
61801Urbana, IL 618019.5 mi35$10,752,455$287,725$307,213
61821Champaign, IL 618219.5 mi76$20,516,960$202,950$269,960
61851Ivesdale, IL 6185110.1 mi2$510,000$255,000$255,000
61822Champaign, IL 6182211.6 mi75$36,627,675$464,125$488,369
61875Seymour, IL 6187512.9 mi3$1,845,000$615,000$615,000
61919Camargo, IL 6191914.7 mi2$695,000$347,500$347,500
61913Atwood, IL 6191315.8 mi6$1,061,640$159,900$176,940
61942Newman, IL 6194216.8 mi4$851,616$115,000$212,904
61810Allerton, IL 6181017.9 mi1$410,000$410,000$410,000
61878Thomasboro, IL 6187819.0 mi4$522,576$129,900$130,644

Frequently Asked Questions

How many homes are for sale in TOLONO, IL 61880?

As of March 2026, there are 6 active listings in TOLONO, IL (zip code 61880), compared to 3 the prior year.

What is the median home price in TOLONO, IL 61880?

The median listing price in TOLONO, IL 61880 is $279,900 as of March 2026, a 6.7% decrease from $299,950 the prior year.

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

Homes in TOLONO, IL 61880 spend an average of 95 days on the market before going under contract, compared to 104 days the prior year.

Is it a seller's or buyer's market in TOLONO, IL 61880?

Based on current inventory and days-on-market data as of March 2026, TOLONO, IL 61880 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 95 days on market compared to 104 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TOLONO, IL 61880 save an estimated $5,598 compared to a typical 5% commission on the median listing price of $279,900. 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.