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Tuesday, August 5, 2025

Tolono home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Tolono fell by $39,775 while total sales decreased by 77.8%, according to BlockShopper.com.

From January through June of 2019, there were six homes sold, with a median sale price of $129,125 - a 23.5% decrease over the $168,900 median sale price for the same period of the previous year. There were 27 homes sold in Tolono in the first half of 2018.

The median sales tax in Tolono for the most recent year with available data, 2017, was $2,854, approximately 2.2% of the median home sale price for the first half of 2019.

The following table compares Tolono to other Champaign County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Gifford17-85.7%$162,500$113,00043.8%
Lake of the Woods413-69.2%$150,431.50$190,000-20.8%
Philo68-25%$147,500$157,500-6.3%
Fisher215-86.7%$147,500$117,00026.1%
Champaign130598-78.3%$138,000$151,250-8.8%
Urbana71253-71.9%$133,500$140,000-4.6%
Tolono627-77.8%$129,125$168,900-23.5%
Sidney19-88.9%$110,000$175,000-37.1%
Ivesdale31200%$85,000$89,000-4.5%
Rantoul1263-81%$59,075$73,500-19.6%
Ludlow110%$10,000$50,000-80%

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