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Monday, August 4, 2025

Mahomet home prices fall in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Mahomet fell by $30,750 while total sales decreased by 92.5%, according to BlockShopper.com.

From October through December of 2019, there were four homes sold, with a median sale price of $189,750 - a 13.9% decrease over the $220,500 median sale price for the same period of the previous year. There were 53 homes sold in Mahomet in the fourth quarter 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 fourth quarter of 2019.

The following table compares Mahomet 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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