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Featured local agent — Towanda, IL
Sarah Mitchell
Compass Real Estate · Towanda, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Towanda, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$237,500median sale price
How is the Towanda, IL housing market right now?
The median home sale price in Towanda, IL is $237,500, down 27.2% year-over-year. Homes sell in an average of 50 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Towanda a buyer's or seller's market?
Towanda, IL is currently a seller's market, based on 1.0 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
50
Average pace
Active listings
1
1.0 months supply
Sale-to-list
92.0%
Below asking
What does the Towanda housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $237,500 |
| Median list price | $219,900 |
| Year-over-year price change | -27.2% |
| Average days on market | 50 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 92.0% |
| Median price per sq ft | $169/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Towanda by property type?
How the Towanda, 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 | $237,500 | $169/sq ft | 1 | 50 days |
Source: Redfin · Updated monthly
The Towanda housing market is currently classified as a seller's market with a median sale price of $237,500. Prices have fallen 27.2% compared to last year, with homes spending an average of 50 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Towanda
There are currently 1 homes listed for sale in Towanda, Illinois. The median listing price is $220K.
Active listings
1
Homes on market
Median list price
$220K
Avg. days on market
50
Days until sale
New this week
1
Newly listed
Who lives in Towanda?
Population
356
Median income
$78,611/yr
Median age
45.5 years
Owner-occupied
87.6%
College grads
28.8%
Avg commute
22.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Towanda?
Zillow home value
$270,127
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Towanda?
Towanda is a community of approximately 0K residents with a median age of 45.5 years.The median household income is $78,611, which reflects a relatively affluent area with strong earning potential. 28.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 87.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Towanda offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Towanda?
1 schools tracked · 198 students
The largest public schools serving Towanda, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Towanda Elem School
Grades K-5 · 198 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Towanda, IL?
Want a head-to-head view? Compare Towanda side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Towanda?
The median home sale price in Towanda is $237,500, down 27.2% from last year.
How long do homes stay on market in Towanda?
Homes typically spend 50 days on market before going under contract.
What is the median income in Towanda?
The median household income is $78,611 per year.
Is Towanda a buyer's or seller's market?
With 1.0 months of supply, Towanda is currently a seller's market.
What is the Zillow home value estimate for Towanda?
The Zillow Home Value Index (ZHVI) for Towanda is $270,127, representing the typical home value in the area.
How much does a single-family home cost in Towanda?
The median single-family home price in Towanda, IL is $237,500 (about $169 per square foot).
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