Quantcast

Chambana Sun

Thursday, April 18, 2024

Q1 real estate sales report: Champaign

Re 12

Median prices rose in Champaign over last year, and are up 6.5 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 232 homes sold in Champaign for a median price of $154,500. That's 15.7 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Champaign.

Median property tax for homeowners in Champaign was $3,386.97 in 2017 according to tax data from that year. That means homeowners pay 2.5 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Champaign real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
225
$145,080
-
2010
199
$131,670
-9.2%
2011
197
$149,160
13.3%
2012
203
$126,440
-15.2%
2013
238
$128,385
1.5%
2014
270
$129,320
0.7%
2015
307
$142,040
9.8%
2016
333
$134,295
-5.5%
2017
302
$133,493
-0.6%
2018
232
$154,500
15.7%

Median property tax
Median sale price
Effective property tax rate
2009
$3,330.63
$145,080
2.3%
2010
$3,112.38
$131,670
2.4%
2011
$3,337.72
$149,160
2.2%
2012
$3,103.20
$126,440
2.5%
2013
$3,188.48
$128,385
2.5%
2014
$3,031.10
$129,320
2.3%
2015
$3,217.33
$142,040
2.3%
2016
$3,124.88
$134,295
2.3%
2017
$3,386.97
$133,493
2.5%

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS