Home prices in Champaign County during August 2024 increased compared to the same period in 2023

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

By Chambana Sun

Sep 17, 2024

In August, the median sale price of a home in Champaign County rose by $20,000 from the same period in the previous year, while total sales decreased by 43.3%, according to BlockShopper.com.

Data shows that there were 169 homes sold in August, with a median sale price of $195,000 - an 11.4% increase over the $175,000 median sale price for the same period of the previous year. There were 298 homes sold in Champaign County in August 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 August's median home sale price.

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