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TOLONO, IL 61880

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

Market Overview

Active Listings
7
⇧ 75% vs 4 last year
Pending
3
43% pending ratio
Median Price
$326,800
⇧ 11.8% vs $292,400 last year
Average Price
$319,625
⇧ 9.3% vs $292,400 last year
Days on Market
59
⇩ 36.6% vs 93 days last year

Market Context

Population: 4,570  ·  Density: 28.5/mi²  ·  Median household income: $90,417

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

Market Analysis

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

The TOLONO, IL real estate market (61880) currently shows 7 active listings, with 3 pending sales. Homes are averaging 59 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 59 days on market compared to 93 days last year.

The median listing price has risen 11.8% year-over-year, from $292,400 to $326,800.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 4 last year
  • Days on market: 59 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $326,800 (+11.8% YoY)
  • Average: $319,625 (+9.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.0 miles — 230 listings ($78,668,111 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61880Tolono, IL 618800.0 mi7$2,237,375$326,800$319,625
61874Savoy, IL 618745.3 mi12$5,980,632$490,000$498,386
61872Sadorus, IL 618727.6 mi5$1,869,375$329,950$373,875
61801Urbana, IL 618019.5 mi37$11,149,765$282,500$301,345
61821Champaign, IL 618219.5 mi78$20,122,752$190,000$257,984
61851Ivesdale, IL 6185110.1 mi3$642,750$214,250$214,250
61822Champaign, IL 6182211.6 mi69$31,709,502$410,000$459,558
61875Seymour, IL 6187512.9 mi3$1,845,000$615,000$615,000
61919Camargo, IL 6191914.7 mi1$365,000$365,000$365,000
61913Atwood, IL 6191315.8 mi6$783,240$125,000$130,540
61942Newman, IL 6194216.8 mi4$920,000$135,000$230,000
61810Allerton, IL 6181017.9 mi1$430,000$430,000$430,000
61878Thomasboro, IL 6187819.0 mi4$612,720$147,000$153,180

Frequently Asked Questions

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

As of January 2026, there are 7 active listings in TOLONO, IL (zip code 61880), compared to 4 the prior year.

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

The median listing price in TOLONO, IL 61880 is $326,800 as of January 2026, a 11.8% increase from $292,400 the prior year.

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

Homes in TOLONO, IL 61880 spend an average of 59 days on the market before going under contract, compared to 93 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 January 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 59 days on market compared to 93 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 $6,536 compared to a typical 5% commission on the median listing price of $326,800. 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.