Toluca, IL Foreclosures
How much do homes sell for in Toluca, IL?
The average home price is currently $129,574.
What’s the average rental cost in Toluca, IL?
The average rental price in Toluca is $1,074.
What is the most expensive home in Toluca?
The most expensive home sold in Toluca had a price of $837,625.
What is currently the cheapest priced home in Toluca, IL?
The cheapest home for sale in Toluca is priced at $26,147.
Living in Toluca, IL
Toluca, IL is a quaint rural town that offers a friendly community atmosphere and a variety of local amenities. Residents enjoy a relaxed lifestyle with access to recreational activities and frequent community events. Its strategic location allows for easy commuting to larger cities while providing the charm of small-town living.
Current Market Conditions in Toluca, IL
The real estate market in Toluca, IL is currently seeing modest growth, with a stable demand for single-family homes. The area has drawn interest from families looking for affordable housing options in a peaceful setting, contributing to a steady increase in home prices. Investors also recognize the potential for rental properties due to the area's increasing population.
As of late 2023, home listings indicate a balanced market, creating opportunities for both buyers and sellers. Properties are typically on the market for a reasonable amount of time, and there are diverse options available catering to different budgets and preferences.
Home Value Estimator For Toluca, IL
There are currently 587 real estate properties
in Toluca, IL,
with a median automated valuation model (AVM) price
of $113,471.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Toluca, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Toluca, IL,
is $129,574.00, with the most expensive house
in Toluca, IL, topping out
at $837,625.00 and the cheapest home
in Toluca, IL,
clocking in at $26,147.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Toluca, IL!
Rent Prices
In Toluca, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Toluca, IL, is on
a rollercoaster ride. The
average rent price in Toluca, IL,
is $1,074.00. Indeed, when looking to rent in
Toluca, IL, you can expect to pay as little
as $570.00 or as much
as $1,780.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Toluca, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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