Quantcast

Chambana Sun

Sunday, June 1, 2025

Median home valuation prices in Champaign County rose to $202,500 in December 2024 compared to December 2023

Webp 4f1ftpn58bwgieob29vrod7fttqe

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 December 2024, the median sale price of a home in Champaign County rose by $37,500 from the same period in the previous year, while total sales decreased by 11.5%, according to BlockShopper.com.

There were 162 homes sold in December 2024, with a median sale price of $202,500 — a 22.7% increase over the $165,000 median sale price during the same period of the previous year. In comparison, 183 homes were sold in Champaign County in December 2023.

Based on the latest available data from 2021, the median sales tax in Champaign County was $3,543, which stands at 1.7% of December 2024's median home sale price.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

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

December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024August 2024September 2024October 2024November 2024December 2024$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$195,000$195,000$197,000$197,000$197,000$197,000$187,250$187,250$202,500$202,500

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS