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Tolono, IL

Full City Profile · Illinois · Douglas County County

3.2 /5.0
B Good
3,546 Population 1,721/sq mi density
$79,333 Median Income $38,292 per capita
$207,200 Home Value $241,704 Zillow
$1,002 Median Rent 24.7% income on rent
52°F Avg Temperature 293 sunny days/yr
58 Violent Crime/100K 580 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$79,333 median income, 7.7% unemployment
A+
Affordability
5.0 / 5.0
$207,200 home value, $1,002/mo rent
F
Safety
1.0 / 5.0
58 violent crimes/100K
B
Education
3.1 / 5.0
25.7% bachelor's degree or higher

Housing Overview

Median Home Value
$207,200
26% below
US avg: $281,900
Median Rent
$1,002/mo
14% below
US avg: $1,163/mo
Homeownership Rate
72.2%
10% above US avg (65.4%)
Total Housing Units
1,409
Median year built: 1977

Home Value by Source

Census Median
$207,200
Zillow (ZHVI)
$241,704
Median Sale Price
$212,000
Median List Price
$279,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.2%
Owner-Occupied
27.8%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,002/mo

Market Indicators (Redfin)

Median Days on Market
69 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$126
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
24.7%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
72.2%

Complete Housing Data

Home Values

Census Median Value$207,200
Zillow Home Value (ZHVI)$241,704
Median Sale Price$212,000
Median List Price$279,900
Price Per Sq Ft$126

Rent

Census Median Rent$1,002
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market69
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold3
Active Inventory5
Price Per Sq Ft$126

Ownership & Stock

Owner-Occupied72.2%
Renter-Occupied27.8%
Homeownership Rate72.2%
Total Housing Units1,409
Median Year Built1977
Rent Burden24.7%