What is the median home value in Tolono, IL?

The median value of owner-occupied homes in Tolono, IL is $208,600 (±$21,258), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Tolono, the median home value went from $138,000 in 2015–2019 to $208,600 in 2020–2024 (+51.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$208,600 (±$21,258)
Owner-occupied homes
974 (±165)
Most common range
$200,000 to $299,999

Home values in Tolono

Owner-occupied homes by value, 2020–2024
ValueTolonoChampaign CountyIllinoisUnited States
Less than $50,0001.0% (±1.4 points)6.0%5.4%5.3%
$50,000 to $99,9993.9% (±4.7 points)8.1%8.3%6.1%
$100,000 to $149,99922.7% (±11.8 points)15.2%9.7%6.8%
$150,000 to $199,99917.7% (±8.0 points)17.0%11.8%9.0%
$200,000 to $299,99939.9% (±10.6 points)26.3%22.3%17.8%
$300,000 to $499,99914.8% (±8.3 points)22.6%27.7%26.9%
$500,000 to $999,9990.0% (±3.8 points)4.2%12.1%20.9%
$1,000,000 or more0.0% (±3.8 points)0.6%2.7%7.1%

The most common range is $200,000 to $299,999, 39.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Tolono against Champaign County, its state and the nation

Estimate (90% margin of error)
TolonoChampaign CountyIllinoisUnited States
Median home value$208,600 (±$21,258)$211,500 (±$4,486)$263,300 (±$797)$332,700
Owner-occupied homes974 (±165)46,173 (±832)3,378,910 (±14,728)84,210,142

In Tolono, the median home value is not measurably different from Champaign County ($211,500).

It is also lower than in Illinois ($263,300).

It is lower than the national figure ($332,700).

In Champaign County, Tolono ranks 21 of 52 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 759 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Tolono have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$138,000 (±$15,433)$208,600 (±$21,258)+51.2%Up after inflation
Median owner cost with a mortgage$1,317 (±$224)$1,567 (±$179)+19.0%No measurable change after inflation
Median real estate taxes$2,410 (±$358)$3,605 (±$566)+49.6%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Tolono

Nearest places with a published estimate, compared with Tolono
PlaceDistanceMedian home valueCompared with this place
Tolono—$208,600 (±$21,258)—
Tolono Township2.2 mi$268,400 (±$32,806)Higher
Philo Township4.0 mi$246,300 (±$46,582)Not measurably different
Sadorus4.7 mi$132,500 (±$30,040)Lower
Savoy4.7 mi$320,300 (±$16,901)Higher
Pesotum Township5.1 mi$172,800 (±$13,078)Lower
Pesotum5.6 mi$163,000 (±$10,000)Lower
Philo5.7 mi$205,400 (±$15,299)Not measurably different
Crittenden Township6.5 mi$318,000 (±$41,752)Higher

Nearby places with a measurably lower figure: Sadorus, IL ($132,500), Pesotum Township, IL ($172,800), Pesotum, IL ($163,000).

Nearby places with a measurably higher figure: Tolono Township, IL ($268,400), Savoy, IL ($320,300), Crittenden Township, IL ($318,000).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Champaign County, place by place

RankPlaceMedian home value
15Stanton Township$237,500 (±$61,549)
16Sidney Township$217,500 (±$14,356)
17Condit Township$212,500 (±$56,619)
18 (tie)Champaign$210,900 (±$7,859)
18 (tie)Champaign City Township$210,900 (±$7,859)
20Scott Township (Champaign County)$209,500 (±$40,009)
21Tolono$208,600 (±$21,258)
22Philo$205,400 (±$15,299)
23Sidney$197,600 (±$13,201)
24Lake of the Woods$193,500 (±$82,082)
25Fisher$190,100 (±$18,417)
26 (tie)Urbana$184,900 (±$9,992)
26 (tie)Cunningham Township$184,900 (±$9,992)

Showing 13 of 52 places in Champaign County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Tolono

What is the average home value in Tolono, IL?

The Census Bureau publishes the median: $208,600 (±$21,258) for owner-occupied homes in Tolono (2020–2024 American Community Survey).

Have home values in Tolono gone up?

In Tolono, the median home value went from $138,000 in 2015–2019 to $208,600 in 2020–2024 (+51.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Tolono sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Tolono village, Illinois (place:75614, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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