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Friday, November 22, 2024

Champaign home prices rise in February 2018

Realestate5

The median sale price of a home sold in February 2018 in Champaign rose by $18,000 while total sales decreased by 11.8%, according to BlockShopper.com.

In February 2018, there were 75 homes sold, with a median sale price of $142,000 - a 14.5% increase over the $124,000 median sale price for the same period of the previous year. There were 85 homes sold in Champaign in February 2017.

The median sales tax in Champaign for the most recent year with available data, 2017, was $3,362, approximately 2.4% of the median home sale price for February 2018.

The following table compares Champaign to other Champaign County cities with similar median sales prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Glover10-$275,000$0-
Mahomet823-65.2%$268,250$245,0009.5%
Sidney110%$236,000$89,000165.2%
Savoy710-30%$187,500$113,00065.9%
St. Joseph38-62.5%$168,000$156,2507.5%
Champaign7585-11.8%$142,000$124,00014.5%
Urbana3145-31.1%$138,000$105,00031.4%
Tolono24-50%$135,500$159,500-15%
Lake of the Woods12-50%$110,000$195,000-43.6%
Philo21100%$93,750$148,000-36.7%
Ogden13-66.7%$90,000$59,00052.5%

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