Champaign County, IL Home Values & Market Trends

The median home price in Champaign County, IL is $194,046.07. 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 $175,117.66. The number of current listings in Champaign County, IL is 63, and the percentage of properties for sale is 63.00%. The county has 160 foreclosures, 3 bank owned properties, 15 headed for auction, and 63 properties for sale.

Champaign County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Champaign

$ 206,785

$ 140/sqft

Saint Joseph

$ --

$ --

Urbana

$ 212,557

$ 102/sqft

Longview

$ --

$ --

Rantoul

$ 114,284

$ 78/sqft

Bondville

$ --

$ --

Mahomet

$ 373,597

$ 183/sqft

Dewey

$ --

$ --

Savoy

$ 354,016

$ 213/sqft

Philo

$ --

$ --

Homer

$ 237,336

$ 120/sqft

Broadlands

$ --

$ --

Ivesdale

$ 164,629

$ 97/sqft

Fisher

$ --

$ --

Ludlow

$ 33,193

$ 56/sqft

Penfield

$ --

$ --

Gifford

$ 179,900

$ 96/sqft

Ogden

$ --

$ --

Royal

$ 74,533

$ 45/sqft

Seymour

$ --

$ --

Sadorus

$ 74,900

$ 70/sqft

Sidney

$ --

$ --

Thomasboro

$ 53,833

$ 43/sqft

Pesotum

$ --

$ --

Tolono

$ 270,431

$ 138/sqft

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 $409,900, 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 73 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 66 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 $40,000 in Rantoul. Bank owned homes and properties account for 0.01% 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
    Champaign has 5 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 0.03% 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 $341,526 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 752 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.14% of properties in Champaign County, IL.

      Compare Nearby Cities

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      Guide for Champaign County, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      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.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.