Toluca, Illinois, is a small, charming city located in Marshall County, with a population of around 1,400 residents as of the last census. Nestled in the heart of Central Illinois, Toluca was founded in 1887 and named after Toluca, Mexico, reflecting its historical ties to the region's coal mining industry, which attracted diverse settlers, including Mexican and Italian immigrants. The city is known for its close-knit community, annual events like the Toluca Coal Mine Festival, and its rich agricultural surroundings, with vast corn and soybean fields dotting the landscape. With a peaceful, small-town atmosphere, Toluca offers a glimpse into rural Illinois life, complete with historic buildings and a strong sense of local pride.
Toluca currently has 4 single family homes for sale with an average list price of $141,600 and 2 lots for sale with an average list price of $15,000. The average annual property tax for Toluca is $2,336.82.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Toluca, i.e. what's hot and what's not.
See What's Hot & What's Not in TolucaToluca home sales for the month of July stayed the same in volume when compared to last year, while the median sale price stayed the same.
13
|
13
|
14
|
7
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$67,000
|
$125,000
|
$127,500
|
$105,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |