Rising home prices in Tolono in April

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The median sale price of a home sold in April in Tolono rose by $25,500 while total sales decreased by 50 percent, according to BlockShopper.com.

In April, there were two homes sold, with a median sale price of $232,500 - a 12.3 percent increase over the $207,000 median sale price for the same period of the previous year. There were four homes sold in Tolono in April 2021.

The median sales tax in Tolono for the most recent year with available data, 2019, was $2,895, approximately 1.2 percent of the median home sale price for April.

The following table compares Tolono to other Champaign County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Mahomet811-27.3$321,200$238,00035
Tolono24-50$232,500$207,00012.3
Philo12-50$227,000$146,37555.1
St. Joseph220$217,000$235,275-7.8
Savoy69-33.3$216,500$215,0000.7
Champaign68663$208,000$161,50028.8
Urbana312619.2$145,000$135,0007.4
Thomasboro20-$131,250$0-
Rantoul67-14.3$130,000$70,00085.7
Homer110$108,000$139,900-22.8
Bondville10-$88,000$0-

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