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Saturday, August 2, 2025

Champaign median home prices rose by 85% in February 2022

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The median sale price of a home sold in February 2022 in Champaign rose by $76,500 while total sales increased by 1050%, according to BlockShopper.com.

In February 2022, there were 46 homes sold, with a median sale price of $166,500 - a 85% increase over the $90,000 median sale price for the same period of the previous year. There were four homes sold in Champaign in February 2021.

The median sales tax in Champaign for the most recent year with available data, 2019, was $3,614, approximately 2.2% of the median home sale price for February 2022.

The following table compares Champaign to other Champaign County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Gifford10-$240,000$0-
St. Joseph10-$236,000$0-
Mahomet50-$229,900$0-
Savoy61500%$226,500$162,90039%
Urbana162700%$170,000$225,154-24.5%
Champaign4641050%$166,500$90,00085%
Thomasboro20-$151,500$0-
Tolono20-$150,000$0-
Pesotum20-$126,150$0-
Lake of the Woods10-$106,500$0-
Rantoul92350%$76,750$129,750-40.8%

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