From January through June of 2017, there were 854 homes sold, with a median sale price of $137,200 - a 2.8% increase over the $133,500 median sale price for the same period of the previous year. There were 893 homes sold in Champaign in the first half of 2016.
The median sales tax in Champaign for 2017 was $3,362. In 2016, the median sales tax was $3,040. This marks an increase of 10.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.
The following table compares Champaign to other Champaign County cities with similar median sales prices in the first half of 2017:
| City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Savoy | 113 | 127 | -11% | $185,000 | $187,000 | -1.1% |
| St. Joseph | 44 | 53 | -17% | $153,750 | $155,000 | -0.8% |
| Bondville | 7 | 3 | 133.3% | $145,000 | $75,000 | 93.3% |
| Tolono | 40 | 36 | 11.1% | $144,750 | $142,450 | 1.6% |
| Foosland | 2 | 2 | 0% | $142,750 | $139,950 | 2% |
| Champaign | 854 | 893 | -4.4% | $137,200 | $133,500 | 2.8% |
| Philo | 15 | 14 | 7.1% | $130,000 | $161,500 | -19.5% |
| Pesotum | 3 | 4 | -25% | $125,800 | $106,000 | 18.7% |
| Fisher | 35 | 24 | 45.8% | $117,000 | $129,389.50 | -9.6% |
| Urbana | 370 | 378 | -2.1% | $114,500 | $115,000 | -0.4% |
| Sidney | 17 | 22 | -22.7% | $106,000 | $124,000 | -14.5% |
Alerts Sign-up