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Champaign home prices rise in the fourth quarter of 2019

Realestate077

The median sale price of a home sold in the fourth quarter of 2019 in Champaign rose by $38,805 while total sales decreased by 95.8%, according to BlockShopper.com.

From October through December of 2019, there were 12 homes sold, with a median sale price of $173,805 - a 28.7% increase over the $135,000 median sale price for the same period of the previous year. There were 289 homes sold in Champaign in the fourth quarter of 2018.

The median sales tax in Champaign for the most recent year with available data, 2018, was $3,509, approximately 2% of the median home sale price for the fourth quarter of 2019.

The following table compares Champaign to other Champaign County cities in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Mahomet453-92.5%$189,750$220,500-13.9%
Champaign12289-95.8%$173,805$135,00028.7%
Rantoul144-97.7%$140,000$71,25096.5%
Urbana3127-97.6%$59,947$118,500-49.4%
Fisher010-100%$0$152,150-100%
Tolono018-100%$0$115,250-100%
Glover01-100%$0$220,000-100%
Seymour00-$0$0-
Homer08-100%$0$91,055-100%
Thomasboro04-100%$0$95,950-100%
Lake of the Woods05-100%$0$101,000-100%
Royal03-100%$0$138,100-100%
Dewey01-100%$0$212,500-100%
Broadlands00-$0$0-
Sidney04-100%$0$132,850-100%
Savoy035-100%$0$235,000-100%
Foosland01-100%$0$69,000-100%
Gifford01-100%$0$125,000-100%
Ogden04-100%$0$71,000-100%
St. Joseph020-100%$0$161,500-100%
Sadorus01-100%$0$17,500-100%
Pesotum01-100%$0$143,000-100%
Ludlow00-$0$0-
Ivesdale01-100%$0$43,000-100%
Penfield01-100%$0$50,000-100%
Philo08-100%$0$182,500-100%
Bondville01-100%$0$175,000-100%

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