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Monday, May 6, 2024

Champaign County home prices fell in Q1

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The median sale price of a home sold in the first quarter of 2023 in Champaign County fell by $1,200 while total sales decreased by 12.8%.

From January through March of 2023, there were 492 homes sold, with a median sale price of $158,700 - a 0.8% decrease from the $159,900 median sale price for the same period of the previous year. There were 564 homes sold in Champaign County in the first quarter of 2022.

The median sales tax in Champaign County for the most recent year with available data, 2021, was $3,543 approximately 2.2% of the median home sale price for the first quarter of 2023.

The following histogram displays changes in median sales prices in Champaign County from January 2022 to March 2023.

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023$159900$159900$180000$180000$174900$174900$160000$160000$158700$158700

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