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Featured local agent — Tovey, IL
Sarah Mitchell
Compass Real Estate · Tovey, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tovey, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$95,000median sale price
How is the Tovey, IL housing market right now?
The median home sale price in Tovey, IL is $95,000. Homes sell in an average of 14 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Tovey a buyer's or seller's market?
Tovey, IL is currently a balanced market and homes selling in about 14 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
14
Fast-moving
Active listings
—
Sale-to-list
98.0%
Below asking
What does the Tovey housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $95,000 |
| Average days on market | 14 days |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $64/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Tovey by property type?
How the Tovey, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $95,000 | $64/sq ft | 1 | 14 days |
Source: Redfin · Updated monthly
The Tovey housing market is currently classified as a balanced market with a median sale price of $95,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 14 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Tovey
Explore homes currently listed for sale in Tovey, Illinois across major real estate platforms.
Who lives in Tovey?
Population
707
Median income
$81,250/yr
Median age
26.6 years
Owner-occupied
90.5%
College grads
10.9%
Avg commute
20 min
Source: U.S. Census Bureau ACS
What is it like to live in Tovey?
Tovey is a community of approximately 1K residents with a median age of 26.6 years.The median household income is $81,250, which reflects a relatively affluent area with strong earning potential. 10.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 90.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 20 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tovey offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Tovey, IL?
Want a head-to-head view? Compare Tovey side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Tovey?
The median home sale price in Tovey is $95,000, down 0.0% from last year.
How long do homes stay on market in Tovey?
Homes typically spend 14 days on market before going under contract.
What is the median income in Tovey?
The median household income is $81,250 per year.
How much does a single-family home cost in Tovey?
The median single-family home price in Tovey, IL is $95,000 (about $64 per square foot).
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