Champaign, IL
Housing market overview · Updated weekly
$243,000median sale price
Homes sold
43
Last 12 weeks
Days on market
67
Average pace
Active listings
167
3.9 months supply
Sale-to-list
99.8%
Below asking
The Champaign housing market is currently classified as a balanced market with a median sale price of $243,000. Prices have risen 3.0% compared to last year, with homes spending an average of 67 days on market, indicating 3.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Champaign?
The median home sale price in Champaign is $243,000, up 3.0% from last year.
How long do homes stay on market in Champaign?
Homes typically spend 67 days on market before going under contract.
Is Champaign a buyer's or seller's market?
With 3.9 months of supply, Champaign is currently a balanced market.
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