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Saturday, August 2, 2025

Homer home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Homer rose by $137,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In August 2018, there were two homes sold, with a median sale price of $172,500 - a 392.9% increase over the $35,000 median sale price for the same period of the previous year. There were three homes sold in Homer in August 2017.

The median sales tax in Homer for the most recent year with available data, 2017, was $2,041, approximately 1.2% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Savoy1319-31.6%$235,250$225,0004.6%
Mahomet1923-17.4%$215,320$254,400-15.4%
Lake of the Woods550%$199,900$173,50015.2%
Tolono712-41.7%$179,900$126,00042.8%
Royal10-$174,900$0-
Homer23-33.3%$172,500$35,000392.9%
St. Joseph111010%$165,000$167,125-1.3%
Champaign137201-31.8%$165,000$141,00017%
Ogden23-33.3%$137,450$154,000-10.7%
Philo41300%$135,750$50,000171.5%
Ivesdale110%$135,000$87,00055.2%

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