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Monday, August 4, 2025

Mahomet home prices fall in the second half of 2019

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Adobe Stock

The median sale price of a home sold in the second half of 2019 in Mahomet fell by $34,150 while total sales decreased by 96.9%, according to BlockShopper.com.

From July through December of 2019, there were four homes sold, with a median sale price of $189,750 - a 15.3% decrease over the $223,900 median sale price for the same period of the previous year. There were 128 homes sold in Mahomet in the second half of 2018.

The median sales tax in Mahomet for the most recent year with available data, 2018, was $4,604, approximately 2.4% of the median home sale price for the second half of 2019.

The following table compares Mahomet to other Champaign County cities in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Savoy178-98.7%$333,350$246,50035.2%
Mahomet4128-96.9%$189,750$223,900-15.3%
Urbana11308-96.4%$185,000$122,27551.3%
Champaign25690-96.4%$158,500$147,4507.5%
Gifford28-75%$128,500$137,500-6.5%
Rantoul297-97.9%$93,250$68,50036.1%
Ivesdale03-100%$0$87,000-100%
Penfield02-100%$0$41,500-100%
Philo015-100%$0$175,750-100%
Bondville01-100%$0$175,000-100%
Fisher019-100%$0$140,000-100%
Tolono034-100%$0$125,750-100%
Glover01-100%$0$220,000-100%
Seymour00-$0$0-
Homer016-100%$0$58,000-100%
Thomasboro05-100%$0$97,000-100%
Lake of the Woods021-100%$0$187,200-100%
Royal04-100%$0$146,300-100%
Dewey02-100%$0$228,750-100%
Broadlands03-100%$0$54,100-100%
Sidney08-100%$0$120,350-100%
Foosland03-100%$0$69,000-100%
Ogden06-100%$0$83,500-100%
St. Joseph042-100%$0$164,500-100%
Sadorus01-100%$0$17,500-100%
Pesotum06-100%$0$131,500-100%
Ludlow04-100%$0$11,500-100%

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