Quantcast

Chambana Sun

Monday, August 4, 2025

Champaign home prices fell in the first quarter of 2021

Webp re 12

The median sale price of a home sold in the first quarter of 2021 in Champaign fell by $92,000 while total sales increased by 1700%, according to BlockShopper.com.

From January through March of 2021, there were 54 homes sold, with a median sale price of $155,000 - a 37.2% decrease over the $247,000 median sale price for the same period of the previous year. There were three homes sold in Champaign in the first quarter of 2020.

The median sales tax in Champaign for the most recent year with available data, 2019, was $3,614, approximately 2.3% of the median home sale price for the first quarter of 2021.

The following table compares Champaign to other Champaign County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Savoy70-$252,000$0-
Glover10-$192,000$0-
Lake of the Woods30-$189,900$0-
St. Joseph30-$164,000$0-
Ogden10-$162,000$0-
Champaign5431700%$155,000$247,000-37.2%
Urbana283833.3%$150,500$36,500312.3%
Pesotum20-$129,000$0-
Philo20-$122,750$0-
Penfield10-$107,925$0-
Thomasboro10-$93,900$0-

MORE NEWS