Mahomet, IL

Buyer's market-24.9% YoY

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. Featured listings range from $85,000 to $649,900.

land for sale at 1215 Briarwood Ln Lot 601 Mahomet 61853 - $85,000
New listing
5
$85,000

1215 Briarwood Ln Lot 601

Mahomet, IL 61853

Land10,454 sqft lot
Sold 2024 for $1.0M

Nick Taylor · Taylor Realty Associates

More about this property
3 bedroom mobile home for sale at 595 Bureau St Mahomet 61853 - $89,900
New listing
27
$89,900

595 Bureau St

Mahomet, IL 61853

3 bd2 ba
Mobile home

Craig Buchanan · RE/MAX REALTY ASSOCIATES-CHA

More about this property
3 bedroom house for sale at 107 E Dunbar St Mahomet 61853 - $229,000
New listing
29
$229,000

107 E Dunbar St

Mahomet, IL 61853

3 bd2 ba1,423 sqft
House
Est. $234KSold 2016 for $130K

Nate Evans · eXp Realty-Mahomet

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3 bedroom house for sale at 207 Timberview Dr Mahomet 61853 - $249,900
New listing
34
$249,900

207 Timberview Dr

Mahomet, IL 61853

3 bd2 ba1,560 sqft
House20,038 sqft lot
Est. $261KSold 2014 for $163K

Barbara Gallivan · KELLER WILLIAMS-TREC

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2 bedroom condo for sale at 1703 Timber Wolf Ln Unit C Mahomet 61853 - $269,900
New listing
30
$269,900

1703 Timber Wolf Ln Unit C

Mahomet, IL 61853

2 bd2 ba1,299 sqft
Condo
Est. $243KSold 2015 for $157K

Russell Taylor · Taylor Realty Associates

More about this property
3 bedroom house for sale at 110 S Lombard St Mahomet 61853 - $449,000
New listing
43
$449,000

110 S Lombard St

Mahomet, IL 61853

3 bd3 ba2,116 sqft
House15,682 sqft lot
Est. $335KSold 2014 for $163K

Nick Taylor · Taylor Realty Associates

More about this property
3 bedroom house for sale at 1506 Woodfield Dr Mahomet 61853 - $489,900
58
$489,900

1506 Woodfield Dr

Mahomet, IL 61853

3 bd3 ba2,182 sqft
House1.17 acres
Est. $446KSold 2013 for $305K

Brad Blumenshine · Re/max Realty Associates-Mahom

More about this property
4 bedroom house for sale at 1902 Golf Dr Mahomet 61853 - $525,900
New listing
$525,900

1902 Golf Dr

Mahomet, IL 61853

4 bd3 ba3,191 sqft
House1.21 acres
Est. $561KSold 2012 for $230K

Nick Tangen · Coldwell Banker R.E. Group

More about this property
4 bedroom house for sale at 1205 Willowgrove Ln Mahomet 61853 - $609,900
New listingNew build
2
$609,900

1205 Willowgrove Ln

Mahomet, IL 61853

4 bd4 ba2,420 sqft
House11,979 sqft lot

Nick Taylor · Taylor Realty Associates

More about this property
4 bedroom house for sale at 1206 Willowgrove Ln Mahomet 61853 - $609,900
New listingNew build
36
$609,900

1206 Willowgrove Ln

Mahomet, IL 61853

4 bd4 ba2,425 sqft
House

Bill Peifer · Champaign County Realty

More about this property
4 bedroom house for sale at 1207 Briarwood Ln Mahomet 61853 - $615,000
New listing
54
$615,000

1207 Briarwood Ln

Mahomet, IL 61853

4 bd4 ba2,526 sqft
House
Est. $630KSold 2022 for $560K

Jennifer McClellan · KELLER WILLIAMS-TREC

More about this property
4 bedroom house for sale at 1213 Briarwood Ln Mahomet 61853 - $649,900
New listing
56
$649,900

1213 Briarwood Ln

Mahomet, IL 61853

4 bd4 ba2,530 sqft
House10,019 sqft lot
Sold 2024 for $1.0M

Nick Taylor · Taylor Realty Associates

More about this property

Looking to buy in Mahomet?

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Active listings

33

Homes on market

Median list price

$457K

Avg. days on market

113

Days until sale

New this week

12

Newly listed

Price drops:12.1%of listings
Sale-to-list:98.2%

Explore nearby cities in IL

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.

How many homes are for sale in Mahomet?

There are currently 33 homes listed for sale in Mahomet, IL.

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