Quantcast

Chambana Sun

Tuesday, August 5, 2025

Q4 real estate sales report: Mahomet

Re 13

Median prices rose in Mahomet over last year, and are up 5 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 53 homes sold in Mahomet for a median price of $220,500. That's 20.1 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Mahomet.

Median property tax for homeowners in Mahomet was $4,158.32 in 2017 according to tax data from that year. That means homeowners pay 2.3 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Mahomet real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
58
$210,015
-
2010
37
$185,752
-11.6%
2011
46
$168,370
-9.4%
2012
68
$200,288
19%
2013
83
$178,200
-11%
2014
66
$218,095
22.4%
2015
84
$174,370
-20%
2016
63
$202,650
16.2%
2017
67
$183,600
-9.4%
2018
53
$220,500
20.1%

Median property tax
Median sale price
Effective property tax rate
2009
$3,623.09
$210,015
1.7%
2010
$3,888.49
$185,752
2.1%
2011
$3,253.43
$168,370
1.9%
2012
$3,786.95
$200,288
1.9%
2013
$2,568.65
$178,200
1.4%
2014
$2,839.74
$218,095
1.3%
2015
$3,451.80
$174,370
2%
2016
$3,956.61
$202,650
2%
2017
$4,158.31
$183,600
2.3%

MORE NEWS