61822 Home Values & Market Trends

There are 8 homes currently listed for 61822. 61822 real estate market trends show that home prices range from $148,500 to $2,339,900, and the median sales price in the 61822 zip code is $290,230.18. The total number of properties sold within the past twelve months is 419. In 61822, 15 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

61822 Real Estate Market Overview

CityMedian Est. Value
Champaign

$ 206,785

$ 140/sqft

Housing Market Summary for 61822

Apr 2023March 2024Change
Median Listing Price$265K$264.3K-0.27%
Median Sold Price$266K$264.3K-0.65%
Homes For Sale118-27.27%
Homes Sold18721313.90%
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 61822

The median list price of a home in Champaign, is $290,230.18. A total of 8 properties are for sale, and the percentage of properties for sale in the zip code is 8.00%. The total count of 61822 properties is 8,259.

Foreclosure
There is 1 cities within 61822; within this cities, the median estimated home value for homes in foreclosure ranges from $1,307,939 in champaign to the lowest value of $55,399 in champaign. Foreclosure homes account for 0.00% of properties in 61822 with champaign containing 73 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.16% of all residential properties in 61822 with champaign containing 66 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61822; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,307,939 in champaign to the lowest home value of $55,399 in champaign.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61822 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 61822. There is 1 cities within 61822; N/A containing 0 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 61822. Auction homes and other auction properties account for 0.02% of all properties in 61822. There is 1 cities within 61822; of that cities, the median estimated home value for homes going to auction ranges from $341,526 in champaign to the lowest value of $66,604 in champaign.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.10% of residential properties in 61822 with champaign containing 21 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61822; homes for sale in that cities, have a range of median values from $1,499,999 in champaign to the lowest value of $75,000 in champaign.
    Sold Homes
    The median value for recently sold homes ranges from $1,421,019 in champaign to the lowest price of $24,895 in champaign. There is 1 cities within 61822. champaign has 752 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.64% of properties in 61822.

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      Guide for 61822

      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.