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Saturday, November 16, 2024

Champaign County home prices rose in July 2024 compared to July 2023

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The Office Of Champaign County Recorder Of Deeds Aaron Ammons (2023) | The Office Of Champaign County Recorder Of Deeds

The Office Of Champaign County Recorder Of Deeds Aaron Ammons (2023) | The Office Of Champaign County Recorder Of Deeds

In July, the median sale price of a home in Champaign County rose by $7,125 from the same period in the previous year, while total sales decreased by 34.2%, according to BlockShopper.com.

Data shows that there were 183 homes sold in July, with a median sale price of $202,000 - a 3.7% increase over the $194,875 median sale price for the same period of the previous year. There were 278 homes sold in Champaign County in July 2023.

For context, the median sales tax in Champaign County, based on the latest available data from 2021, was $3,543, which stands at 1.8% of July's median home sale price.

The following histogram displays changes in median sales prices in Champaign County from July 2023 to July 2024.

July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024$194,875$194,875$175,000$175,000$190,000$190,000$175,750$175,750$196,750$196,750$165,000$165,000$160,000$160,000$172,179$172,179$183,000$183,000$208,000$208,000$187,500$187,500$227,500$227,500$202,000$202,000

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