Toluca, IL—61369
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Toluca, IL
As of Oct '25, the median home price in Toluca, IL is $99,000, with a year-over-year change of 13.6%. This indicates that home prices in Toluca, IL are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $99,000 | 13.6% |
| Single Family | $99,000 | 13.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Toluca, IL
Toluca, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Toluca, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Toluca, IL is 37. This is a increase of 52.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $132,000 | 59.0% |
Listing Count | 6 | -36.0% |
| Listings as % of Homes | 0.7% | -36.0% |
Days on Market | 37 | 52.0% |
Demographics — Toluca, IL
As of the latest ACS Survey released in 2023, Toluca, IL has a population of 1,440, which has decreased by -13.0% over the past 5 years. Toluca, IL is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,440 | -13.0% |
% Under 18 | 23.9% | 57.2% |
% Seniors | 23.0% | -10.5% |
% WFH | 1.5% | -25.0% |
% w/ College Degree | 12.7% | -3.1% |
As of the latest ACS Survey released in 2023, Toluca, IL is a predominantly white area, with 79.9% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Toluca, IL is hispanic, making up 14.1% of the population. Foreign-born residents account for 5.8% of the population in Toluca, IL, and this percentage has increased by 87.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.9% | -6.8% |
% Black | 1.0% | -9.1% |
% Hispanic | 14.1% | 14.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.8% | 87.1% |
Mortgage and Risk — Toluca, IL
According to HUD data as of 2023, there were 43 mortgage originations in Toluca, IL, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Toluca, IL. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Toluca, IL
Toluca, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,180 |
Affordability — Toluca, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.1 |
| Median Home Price | $99,000 |
| Median Household Income | $67,600 |