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Monday, August 4, 2025

Mahomet home prices fall in October 2019

Webp re 9

The median sale price of a home sold in October 2019 in Mahomet fell by $106,000 while total sales decreased by 89.5%, according to BlockShopper.com.

In October 2019, there were two homes sold, with a median sale price of $189,000 - a 35.9% decrease over the $295,000 median sale price for the same period of the previous year. There were 19 homes sold in Mahomet in October 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 October 2019.

The following table compares Mahomet to other Champaign County cities in October 2019:

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Mahomet219-89.5%$189,000$295,000-35.9%
Champaign7114-93.9%$175,000$141,00024.1%
Urbana147-97.9%$30,000$128,000-76.6%
Philo02-100%$0$236,250-100%
Bondville00-$0$0-
Fisher05-100%$0$146,300-100%
Tolono05-100%$0$102,000-100%
Glover00-$0$0-
Seymour00-$0$0-
Homer02-100%$0$88,500-100%
Thomasboro01-100%$0$93,000-100%
Lake of the Woods02-100%$0$57,500-100%
Royal01-100%$0$154,500-100%
Dewey00-$0$0-
Broadlands00-$0$0-
Sidney00-$0$0-
Rantoul016-100%$0$64,450-100%
Savoy014-100%$0$271,000-100%
Foosland00-$0$0-
Gifford01-100%$0$125,000-100%
Ogden02-100%$0$71,000-100%
St. Joseph010-100%$0$169,000-100%
Sadorus01-100%$0$17,500-100%
Pesotum00-$0$0-
Ludlow00-$0$0-
Ivesdale00-$0$0-
Penfield01-100%$0$50,000-100%

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