Mahomet, IL
Housing market overview · Updated weekly
$257,500median sale price
Homes sold
6
Last 12 weeks
Days on market
113
Average pace
Active listings
33
5.5 months supply
Sale-to-list
98.2%
Below asking
The Mahomet housing market is currently classified as a buyer's market with a median sale price of $257,500. Prices have fallen 24.9% compared to last year, with homes spending an average of 113 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Mahomet
There are currently 33 homes listed for sale in Mahomet, Illinois. The median listing price is $457K.
Active listings
33
Homes on market
Median list price
$457K
Avg. days on market
113
Days until sale
New this week
12
Newly listed
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Frequently asked questions
What is the average home price in Mahomet?
The median home sale price in Mahomet is $257,500, down 24.9% from last year.
How long do homes stay on market in Mahomet?
Homes typically spend 113 days on market before going under contract.
Is Mahomet a buyer's or seller's market?
With 5.5 months of supply, Mahomet is currently a buyer's market.
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