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Wednesday, April 17, 2024

Q4 real estate sales report: Tolono

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Median prices declined in Tolono over last year, and are down 10.2 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 18 homes sold in Tolono for a median price of $115,250. That's 24.7 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Tolono.

Median property tax for homeowners in Tolono was $3,545.62 in 2017 according to tax data from that year. That means homeowners pay 2.3 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Tolono real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
28
$128,408
-
2010
14
$131,898
2.7%
2011
21
$137,860
4.5%
2012
16
$155,870
13.1%
2013
11
$116,640
-25.2%
2014
15
$204,474
75.3%
2015
17
$130,380
-36.2%
2016
16
$151,148
15.9%
2017
13
$153,000
1.2%
2018
18
$115,250
-24.7%

Median property tax
Median sale price
Effective property tax rate
2009
$2,489.29
$128,408
1.9%
2010
$2,459.44
$131,898
1.9%
2011
$3,137.82
$137,860
2.3%
2012
$2,412.82
$155,870
1.5%
2013
$2,470.39
$116,640
2.1%
2014
$4,778.11
$204,474
2.3%
2015
$2,877.37
$130,380
2.2%
2016
$3,538.60
$151,148
2.3%
2017
$3,545.62
$153,000
2.3%

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