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Monday, August 4, 2025

What happened to the median home price in Mahomet during the second half of 2020?

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The median sale price of a home sold in the second half of 2020 in Mahomet rose by $115,375 while total sales increased by 100%, according to BlockShopper.com.

From July through December of 2020, there were eight homes sold, with a median sale price of $305,125 - a 60.8% increase over the $189,750 median sale price for the same period of the previous year. There were four homes sold in Mahomet in the second half of 2019.

The median sales tax in Mahomet for the most recent year with available data, 2019, was $4,766, approximately 1.6% of the median home sale price for the second half of 2020.

The following table compares Mahomet to other Champaign County cities in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Mahomet84100%$305,125$189,75060.8%
Savoy71600%$289,900$333,350-13%
Fisher10-$180,000$0-
Champaign332532%$177,500$158,50012%
St. Joseph10-$169,000$0-
Urbana211190.9%$156,000$185,000-15.7%
Gifford220%$142,000$128,50010.5%
Pesotum10-$132,500$0-
Rantoul42100%$106,000$93,25013.7%
Homer10-$46,000$0-
Tolono00-$0$0-
Glover00-$0$0-
Seymour00-$0$0-
Thomasboro00-$0$0-
Lake of the Woods00-$0$0-
Royal00-$0$0-
Dewey00-$0$0-
Broadlands00-$0$0-
Sidney00-$0$0-
Foosland00-$0$0-
Ogden00-$0$0-
Sadorus00-$0$0-
Ludlow00-$0$0-
Ivesdale00-$0$0-
Penfield00-$0$0-
Philo00-$0$0-
Bondville00-$0$0-

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