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Monday, August 4, 2025

Home prices increased in Mahomet during 2020

Webp re 7

The median sale price of a home sold in 2020 in Mahomet rose by $65,225 while total sales decreased by 70.4%, according to BlockShopper.com.

From January through December of 2020, there were eight homes sold, with a median sale price of $305,125 - a 27.2% increase over the $239,900 median sale price for the previous year. There were 27 homes sold in Mahomet in 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 2020.

The following table compares Mahomet to other Champaign County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Mahomet827-70.4%$305,125$239,90027.2%
Savoy812-33.3%$298,950$250,25019.5%
Tolono16-83.3%$217,500$129,12568.4%
Fisher12-50%$180,000$147,50022%
Champaign44155-71.6%$178,750$138,00029.5%
Gifford330%$169,500$152,00011.5%
St. Joseph17-85.7%$169,000$168,9000.1%
Urbana2682-68.3%$147,700$139,0006.3%
Pesotum110%$132,500$185,000-28.4%
Rantoul514-64.3%$114,500$59,87591.2%
Bondville10-$55,000$0-

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