October's First-Time Homebuyer Report for Tonica

Tonica is an average-sized city in Illinois that has seen a 15.2% increase in population over the last 10 years. It also has a total population of 768. Tonica is made up of homes that are older than most with a median of 69 years. The top school in the city is Tonica Grade School.

Price Range

Home values in Tonica are generally in line with others in the state with a median home value of $102,900 and an average list price of $150,837. Over the last 30 days, no deals were completed in the Tonica market. Tonica is used to having 0.8 sales per month.

Curious as to which homes have been getting the most attention in Tonica? These listings have stirred up interest and produced the most views:

$214K  

Typical Dwelling

A three-bedroom detached home valued around $166,133 is considered a typical dwelling in Tonica. If a buyer was looking for a similar home, they would need good credit and a $33,227 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $153 and the property tax rate is $18.38 per $1,000 of taxable assessed value.

Get started right now by checking out Tonica homes for sale or reviewing Tonica real estate trends.


Data reported through 10/13/2016

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