House Prices

House Prices & Home Values Tolono, IL 2026


Average Data

average house price$266,875
average size per house1907 ft²
average price per ft²140 $ / ft²

04/18/2026 - The value range (VR) for house prices in Tolono, IL is $147/ sqft to $147/ sqft. An average home with 1907 sqft costs approximately $280,329 to $280,329. Tolono, IL includes 1 ZIP codes and it is located in Champaign county. The lowest prices are found in ZIP 61880, while the highest are in ZIP 61880. The average price per sqare feet is $140. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Tolono

61880141 $ / ft²




Historical development of home values in Tolono

Year Estimated value (USD) Change vs. 2025
2010 $123,942 -53.6%
2011 $119,149 -55.4%
2012 $118,828 -55.5%
2013 $123,269 -53.8%
2014 $129,399 -51.5%
2015 $136,040 -49.0%
2016 $143,140 -46.4%
2017 $150,865 -43.5%
2018 $159,206 -40.3%
2019 $166,588 -37.6%
2020 $175,200 -34.4%
2021 $199,271 -25.3%
2022 $232,305 -13.0%
2023 $244,977 -8.2%
2024 $259,149 -2.9%
2025 $266,875 0.0%

Graph: estimated home values in Tolono over time (USD)



Example: 100% financing house in Tolono

Loan amount: $266,875

Interest rate: 6.00%

Fixed monthly payment: $1,600.05

Breakdown in the 1st month:
Interest portion: $1,334.38  –  Principal portion: $265.68

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,923.35 $3,277.26 $263,597.74
2 $15,721.22 $3,479.39 $260,118.35
3 $15,506.61 $3,693.99 $256,424.36
4 $15,278.78 $3,921.83 $252,502.53
5 $15,036.89 $4,163.72 $248,338.81
6 $14,780.08 $4,420.53 $243,918.29
7 $14,507.43 $4,693.18 $239,225.11
8 $14,217.96 $4,982.64 $234,242.47
9 $13,910.65 $5,289.96 $228,952.51
10 $13,584.37 $5,616.23 $223,336.28
11 $13,237.98 $5,962.63 $217,373.65
12 $12,870.21 $6,330.39 $211,043.26
13 $12,479.77 $6,720.84 $204,322.42
14 $12,065.24 $7,135.36 $197,187.06
15 $11,625.15 $7,575.46 $189,611.60
16 $11,157.91 $8,042.69 $181,568.91
17 $10,661.86 $8,538.75 $173,030.16
18 $10,135.20 $9,065.40 $163,964.76
19 $9,576.07 $9,624.53 $154,340.23
20 $8,982.45 $10,218.15 $144,122.07
21 $8,352.22 $10,848.39 $133,273.68
22 $7,683.11 $11,517.49 $121,756.19
23 $6,972.74 $12,227.87 $109,528.32
24 $6,218.55 $12,982.06 $96,546.27
25 $5,417.85 $13,782.76 $82,763.51
26 $4,567.76 $14,632.85 $68,130.66
27 $3,665.23 $15,535.37 $52,595.28
28 $2,707.05 $16,493.56 $36,101.72
29 $1,689.76 $17,510.85 $18,590.88
30 $609.73 $18,590.88 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Tolono, IL


1500 sqft3900 sqft
Ø selling price$254,101$540,540
Ø fast selling$231,001$486,487
Ø high price sale$277,200$594,594

In 2026, houses in Tolono, IL will be offered at an average price of $140 per square foot. A 1,500 sqft home priced at $254,101 is 21.92% more expensive per square foot than a 3,900 sqft home priced at $540,540. Home prices in Tolono, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $374,221. Sellers who can wait longer may achieve a higher price of up to $457,381.


Discover Tolono, IL

Located just south of Champaign-Urbana, Tolono, IL blends small-town charm with convenient access to regional amenities.
This friendly village in Champaign County is known for its safe neighborhoods, welcoming parks, and community pride.

Location & Access

Proximity to I-57 and Illinois Route 45 makes commuting from Tolono, IL to employers and the University of Illinois fast and straightforward.
Residents benefit from a rich railroad heritage and modern road networks that support both daily travel and weekend getaways.

Community & Lifestyle

The community calendar features family-friendly events like Tolono Fun Day, outdoor concerts, and seasonal parades. Local dining spots, coffee shops, and nearby craft breweries offer relaxing places to gather after school or work.

Education & Economy

Unit 7 schools and access to higher education in Champaign-Urbana give Tolono, IL strong education options for all ages. A balanced local economy, with healthcare, education, tech, and agriculture jobs, supports steady housing demand and value.

Things to Do

Outdoor enthusiasts appreciate village parks, playgrounds, and biking routes that connect to area forest preserves and prairie paths. Whether you are relocating, investing in real estate, or planning a visit, Tolono, IL delivers affordability, convenience, and a tight-knit Midwestern lifestyle.



FAQ – Home Values in Tolono

What is the median home value in Tolono in 2026?

In 2026, the typical home value in Tolono is about $266,875 for an average home size of 1907 square feet. This corresponds to an average price of roughly $140 per square foot.

What is the average cost per square foot in Tolono?

In 2026, homes in Tolono sell for an average of around $140 per square foot, with a typical range between $147 and $147 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Tolono is about 1907 square feet, with an estimated 2026 value around $266,875.



Locations close to Tolono, IL

Weldon, IL73 $ / ft²
Westville, IL67 $ / ft²
White Heath, IL156 $ / ft²
Thomasboro, IL100 $ / ft²
Sidney, IL86 $ / ft²
Sidell, IL79 $ / ft²
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