In May 2023, the median sale price of a home in Champaign County fell by $16,750 from the same period in the previous year, while total sales decreased by 55.9%, according to BlockShopper.com.
Data shows that there were 182 homes sold in May 2023, with a median sale price of $167,750 - a 9.1% decrease from the $184,500 median sale price for the same period of the previous year. There were 413 homes sold in Champaign County in May 2022.
For context, the median sales tax in Champaign County, based on the latest available data from 2021, was $3,543, which stands at 2.1% of May 2023's median home sale price.
The following histogram displays changes in median sales prices in Champaign County from May 2022 to May 2023.