Towanda, Illinois, is a small village in McLean County with a population of approximately 480 as of the 2020 census. Nestled along the historic Route 66, Towanda embraces its connection to this iconic highway, featuring attractions like a preserved section of the original road and Route 66-themed displays that draw visitors and nostalgia enthusiasts. The village exudes a quiet, rural charm, with open fields and a close-knit community atmosphere. Its proximity to Bloomington-Normal provides access to urban amenities while maintaining a peaceful, small-town vibe, making Towanda a hidden gem for those exploring Central Illinois.
Towanda currently has 4 single family homes for sale with an average list price of $329,750 and 1 lot for sale with a list price of $99,000. The average annual property tax for Towanda is $4,559.66.
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 Towanda, i.e. what's hot and what's not.
See What's Hot & What's Not in TowandaTowanda home sales for the month of July rose in volume by 100% when compared to last year, while the median sale price decreased by 29.2% from $445,000 to $315,000. House sales rose by 100%, while the median sale price decreased by 29.2% from $445,000 to $315,000.
16
|
9
|
10
|
12
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$170,200
|
$220,000
|
$294,000
|
$270,950
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |