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Monday, August 4, 2025

How did home prices perform in Champaign during the fourth quarter of 2020?

Webp re 9

The median sale price of a home sold in the fourth quarter of 2020 in Champaign rose by $62,195 while total sales decreased by 50%, according to BlockShopper.com.

From October through December of 2020, there were six homes sold, with a median sale price of $236,000 - a 35.8% increase over the $173,805 median sale price for the same period of the previous year. There were 12 homes sold in Champaign in the fourth quarter of 2019.

The median sales tax in Champaign for the most recent year with available data, 2019, was $3,614, approximately 1.5% of the median home sale price for the fourth quarter of 2020.

The following table compares Champaign to other Champaign County cities in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Mahomet14-75%$500,000$189,750163.5%
Champaign612-50%$236,000$173,80535.8%
Gifford10-$229,000$0-
Urbana63100%$222,500$59,947271.2%
Rantoul110%$114,500$140,000-18.2%
Ivesdale00-$0$0-
Penfield00-$0$0-
Philo00-$0$0-
Bondville00-$0$0-
Fisher00-$0$0-
Tolono00-$0$0-
Glover00-$0$0-
Seymour00-$0$0-
Homer00-$0$0-
Thomasboro00-$0$0-
Lake of the Woods00-$0$0-
Royal00-$0$0-
Dewey00-$0$0-
Broadlands00-$0$0-
Sidney00-$0$0-
Savoy00-$0$0-
Foosland00-$0$0-
Ogden00-$0$0-
St. Joseph00-$0$0-
Sadorus00-$0$0-
Pesotum00-$0$0-
Ludlow00-$0$0-

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