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Sunday, August 3, 2025

How did home prices perform in Mahomet during the second half of 2021?

Webp realestate5

The median sale price of a home sold in the second half of 2021 in Mahomet fell by $20,125 while total sales increased by 787.5%, according to BlockShopper.com.

From July through December of 2021, there were 71 homes sold, with a median sale price of $285,000 - a 6.6% decrease over the $305,125 median sale price for the same period of the previous year. There were eight homes sold in Mahomet in the second half of 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 the second half of 2021.

The following table compares Mahomet to other Champaign County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Dewey10-$2,040,500$0-
Mahomet718787.5%$285,000$305,125-6.6%
Savoy437514.3%$275,000$289,900-5.1%
Glover20-$262,500$0-
Tolono120-$238,150$0-
Lake of the Woods110-$234,400$0-
Gifford3250%$205,900$142,00045%
St. Joseph2612500%$192,450$169,00013.9%
Foosland10-$175,000$0-
Champaign473331333.3%$171,140$177,500-3.6%
Philo120-$161,500$0-

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