$140,000
108 W Vine St
Champaign, IL
4 bd4 ba
Multi-family
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Champaign, IL Housing Market & Real Estate
Balanced market+3.0% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Champaign, IL is $243,000, up 3.0% year-over-year. Homes sell in an average of 67 days with 167 active listings. The market is currently a balanced market.
$243,000median sale price
Is Champaign a buyer's or seller's market?
Balanced market3.9 months of supply67 avg. days on market
Champaign, IL is currently a balanced market, based on 3.9 months of supply and homes selling in about 67 days. How we determine this →
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
Champaign, IL market data
| Metric | Value |
|---|---|
| Median sale price | $243,000 |
| Median list price | $249,950 |
| Year-over-year price change | +3.0% |
| Average days on market | 67 days |
| Active inventory | 167 listings |
| Months of supply | 3.9 months |
| Sale-to-list price ratio | 99.8% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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
Homes for sale in Champaign
There are currently 167 homes listed for sale in Champaign, Illinois. The median listing price is $250K. Featured listings range from $140,000 to $1,049,000.
$165,000
1902 Garden Hills Dr
Champaign, IL
3 bd1 ba1,073 sqft
House
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$229,900
1404 Bluegrass Ln
Champaign, IL
3 bd3 ba1,370 sqft
Townhouse
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$259,990
1421 Cambridge Dr
Champaign, IL
3 bd2 ba2,047 sqft
House
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$274,900
809 W John St
Champaign, IL
3 bd2 ba1,734 sqft
House8,276 sqft lot
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$285,000
1502 Theodore Dr Unit B
Champaign, IL
2 bd2 ba1,712 sqft
Condo
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$289,000
3207 Stanley Ln
Champaign, IL
3 bd2 ba1,482 sqft
House
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$300,000
Address unavailable
Champaign, IL
3 bd2 ba1,794 sqft
House10,454 sqft lot
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$350,000
Address unavailable
Champaign, IL
3 bd2 ba1,717 sqft
House
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$420,000
701 Hamilton Dr
Champaign, IL
3 bd3 ba2,092 sqft
House16,553 sqft lot
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$449,900
301 N Neil St Apt 608
Champaign, IL
2 bd2 ba1,782 sqft
Condo
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$1,049,000
812 Dodds Dr
Champaign, IL
4 bd4 ba3,686 sqft
House1.53 acres
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Active listings
167
Homes on market
Median list price
$250K
Avg. days on market
67
Days until sale
New this week
70
Newly listed
Price drops:17.4%of listings
Sale-to-list:99.8%
Top public schools in Champaign
22 schools tracked · 9,912 students
The largest public schools serving Champaign, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Central High School
Grades 9-12 · 1,642 students
Centennial High School
Grades 9-12 · 1,473 students
Jefferson Middle School
Grades 6-8 · 711 students
International Prep Academy
Grades PK-8 · 650 students
Edison Middle School
Grades 6-8 · 646 students
Franklin Middle School
Grades 6-8 · 632 students
Bottenfield Elem School
Grades K-5 · 439 students
Robeson Elem School
Grades K-5 · 432 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in IL
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.
How many homes are for sale in Champaign?
There are currently 167 homes listed for sale in Champaign, IL.
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