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Tuesday, August 5, 2025

Mahomet home prices rise in February 2019

Re 7

The median sale price of a home sold in February 2019 in Mahomet rose by $1,700 while total sales increased by 50%, according to BlockShopper.com.

In February 2019, there were 12 homes sold, with a median sale price of $269,950 - a 0.6% increase over the $268,250 median sale price for the same period of the previous year. There were eight homes sold in Mahomet in February 2018.

The median sales tax in Mahomet for the most recent year with available data, 2017, was $4,391, approximately 1.6% of the median home sale price for February 2019.

The following table compares Mahomet to other Champaign County cities with similar median sales prices in February 2019:

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Mahomet12850%$269,950$268,2500.6%
Savoy47-42.9%$216,250$187,50015.3%
Pesotum10-$185,000$0-
Philo42100%$181,250$93,75093.3%
St. Joseph5366.7%$168,900$168,0000.5%
Tolono3250%$150,000$135,50010.7%
Ivesdale10-$139,900$0-
Champaign5675-25.3%$137,250$142,000-3.3%
Urbana34319.7%$116,250$138,000-15.8%
Lake of the Woods110%$86,500$110,000-21.4%
Rantoul710-30%$84,000$79,5005.7%

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