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Monday, August 4, 2025

Mahomet home prices fell in July 2021

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The median sale price of a home sold in July 2021 in Mahomet fell by $30,125 while total sales increased by 225%, according to BlockShopper.com.

In July 2021, there were 13 homes sold, with a median sale price of $275,000 - a 9.9% decrease over the $305,125 median sale price for the same period of the previous year. There were four homes sold in Mahomet in July 2020.

The median sales tax in Mahomet for the most recent year with available data, 2019, was $4,766, approximately 1.7% of the median home sale price for July 2021.

The following table compares Mahomet to other Champaign County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Lake of the Woods10-$330,000$0-
Savoy124200%$298,150$298,950-0.3%
Tolono30-$293,000$0-
Mahomet134225%$275,000$305,125-9.9%
Homer110%$239,900$46,000421.5%
Philo20-$182,250$0-
St. Joseph80-$180,510.50$0-
Pesotum10-$177,000$0-
Champaign10313692.3%$176,000$153,00015%
Urbana424950%$158,400$161,750-2.1%
Sidney20-$142,500$0-

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