Champaign, IL Home Values & Market Trends
Real estate market trends reflect that there have been 1,458 transactions over the past year in Champaign. The median value for residential home transactions that occurred over the previous year is $201,350.28. The number of current listings in Champaign is 21, and the percentage of properties for sale in the city is 21.00%. Champaign, IL currently has 73 properties in foreclosure, 2 bank owned properties, 4 properties headed for auction, and 21 properties for sale.
Champaign, IL Real Estate Market Overview
Housing Market Summary for Champaign, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $192K | $195K | 1.54% |
| Median Sold Price | $178.1K | $195K | 9.47% |
| Homes For Sale | 26 | 20 | -23.08% |
| Homes Sold | 610 | 713 | 16.89% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Champaign, IL
Browse Homes in Champaign, IL
Champaign home values range from $19,154 to $3,408,513. The median estimated value of a home in Champaign is $201,350.28. The median list price of a home is 249,900, and the total count of properties in the city is 23,727.
- Pre-ForeclosurePre-foreclosure homes account for 0.28% of all residential properties in Champaign, IL with 61821 containing 39 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Champaign, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,307,939 in 61822 to the lowest home value of $55,399 in 61821.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Champaign, IL ranges from the highest value of $76,531 in 61821 to the lowest value of $76,262 in 61821. Bank owned homes and properties account for 0.01% of properties in Champaign, IL. There are 3 zips within Champaign, IL; 61821 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61822 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Champaign, IL. Auction homes and other auction properties account for 0.02% of all properties in Champaign, IL. There are 3 zips within Champaign, IL; of those zips, the median estimated home value for homes going to auction ranges from $341,526 in 61820 to the lowest value of $150,977 in 61820.
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