The story of this market
The typical home in Champaign County, Illinois sells for about $281,000, or $187 per square foot.
Prices are up +19.6% from a year ago, so sellers still have some momentum. Homes take about 25 days to sell, which is fast. Over the long run, values in this county have grown 91% since 2000. Last year 30 of 37 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is cold wave, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,173 a month.
HUD sets the fair market rent for a 2-bedroom at $1,173 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
+6%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+14.1%). Worst: 2011 (-2.4%). Hover to read a year.
Monthly price momentum
Home values since 2015
+5.4%
IL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,474
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+6%
2025 change
FHFA repeat-sales index, median of 37 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
65
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $93,297,722.
Mortgage activity
Home lending in this county
86.7%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 5983 | 4116 | 87.3% | 16.7% | $165,000 |
| 2019 | 6439▲ | 4411▲ | 86.7% | 14.5% | $165,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Champaign County, Illinois
Champaign County is experiencing significant price appreciation and a tightening market, with median sales prices rising nearly 20% year-over-year. While inventory remains low, the market is seeing increased activity in list prices, suggesting strong demand relative to the limited supply of homes.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price diverges 15.2% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Select a city to expand its ZIP intel reports beneath · 2 cities · 5 ZIP reports
Median prices moved up 4.4% year over year.
Homes spend a median of 48 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.3% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 18.5% — a stable, low-distress profile.
Deterministic aggregate of 5 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Champaign County, Illinois — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Sep 14, 2026.
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
researched Sep 24
| 61801 | Urbana | $200,000 | $161 | +17.6% | 59 | — | — | — | 26 | $972 | researched Sep 24 |
| 61802 | Urbana | $230,000 | $161 | +8.2% | 59 | — | — | — | 95 | $1,033 | researched Sep 24 |
| 61820 | Champaign | $175,900 | $145 | +2.1% | 48 | 97.5% | 12% | 4.1 | 185 | $1,108 | researched Sep 24 |
| 61821 | Champaign | $232,900 | $150 | +12.5% | 25 | 97.9% | 15% | 3.2 | 120 | $1,031 | researched Sep 24 |
| 61822 | Champaign | — | $168 | +4.4% | 48 | — | — | — | 127 | $1,302 | researched Sep 24 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
data.census.gov
Sellers must provide a written disclosure report to prospective buyers detailing material defects in the property as defined by 765 ILCS 77/35.
765 ILCS 77/1 et seq.
Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts. Exemptions, such as the homestead exemption, reduce the EAV before the tax rate is applied.
35 ILCS 200/9-145
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.