Champaign County, IL Home Values & Market Trends

The median home price in Champaign County, IL is $193,975.12. There were 3,272 home sales in Champaign County, IL over the past 12 months. The median residential Champaign County, IL home value for transactions over the previous year is $175,209.727. The number of current listings in Champaign County, IL is 59, and the percentage of properties for sale is 59.00%. The county has 154 foreclosures, 2 bank owned properties, 14 headed for auction, and 59 properties for sale.

Champaign County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Champaign

$ 306,469

$ 147/sqft

Ivesdale

$ --

$ --

Urbana

$ 242,557

$ 102/sqft

Longview

$ --

$ --

Rantoul

$ 114,284

$ 78/sqft

Bondville

$ --

$ --

Mahomet

$ 373,597

$ 183/sqft

Dewey

$ --

$ --

Savoy

$ 377,008

$ 193/sqft

Philo

$ --

$ --

Homer

$ 237,336

$ 120/sqft

Broadlands

$ --

$ --

Ludlow

$ 33,193

$ 56/sqft

Fisher

$ --

$ --

Gifford

$ 179,900

$ 96/sqft

Penfield

$ --

$ --

Royal

$ 74,533

$ 45/sqft

Ogden

$ --

$ --

Sadorus

$ 74,900

$ 70/sqft

Seymour

$ --

$ --

Thomasboro

$ 53,833

$ 43/sqft

Sidney

$ --

$ --

Tolono

$ 270,431

$ 138/sqft

Pesotum

$ --

$ --

Saint Joseph

$ --

$ --

Foosland

$ --

$ --

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Housing Market Summary for Champaign County, IL

Apr 2023March 2024Change
Median Listing Price$184.2K$182.4K-0.95%
Median Sold Price$171.3K$182.4K6.52%
Homes For Sale6757-14.93%
Homes Sold1,3401,66224.03%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Champaign County, IL

Champaign County, IL home values range from $16,376 to $7,431,390. Savoy is the priciest city with a median listing home price of $404,950, and Ludlow is most affordable with average house prices of around $11,900.

Foreclosure
There are 26 cities within Champaign County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $393,323 in Gifford to the lowest value of $37,683 in Gifford. Foreclosure homes account for 0.00% of properties in Champaign County, IL with Champaign containing 69 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.25% of all residential properties in Champaign County, IL with Champaign containing 63 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 26 cities within Champaign County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,307,939 in Dewey to the lowest home value of $37,683 in Gifford.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Champaign County, IL ranges from the highest value of $76,531 in Champaign to the lowest value of $76,262 in Champaign. Bank owned homes and properties account for 0.00% of properties in Champaign County, IL. There are 26 cities within Champaign County, IL; Champaign containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Urbana has 4 auction properties, the highest number of properties going to auction in a single city in the state of Champaign County, IL. Auction homes and other auction properties account for 0.02% of all properties in Champaign County, IL. There are 26 cities within Champaign County, IL; of those cities, the median estimated home value for homes going to auction ranges from $279,552 in Saint Joseph to the lowest value of $66,005 in Saint Joseph.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Champaign County, IL with Champaign containing 21 homes for sale, the highest number of listed properties in a single city. There are 26 cities within Champaign County, IL; homes for sale in those cities, have a range of median values from $270,431 in Tolono to the lowest value of $33,193 in Ludlow.
    Sold Homes
    The median value for recently sold homes ranges from $604,696 in Seymour to the lowest price of $19,958 in Seymour. There are 26 cities within Champaign County, IL. Champaign has 738 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.09% of properties in Champaign County, IL.

      Compare Nearby Cities

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      Guide for Champaign County, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.