Housing in Champaign, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$235,000
Median List Price
$232,500
Price Per Sq Ft
$145
Days on Market
64
Active Inventory
164
Months of Supply
3.6
Seller's market
Zillow Home Value
$225,446
ZHVI — January 2026
Zillow Rent Index
$1,424
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
13.0%
Off Market in 2 Weeks
47.6%
Sale-to-List Ratio
97.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
46
New Listings
65
Pending Sales
63
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$145
Median List $/SF
$168
Champaign vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Champaign is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$199,700
Median Rent
$1,103
Total Housing Units
41,484
Vacancy Rate
12.0%
Owner Occupied
44.9%
Renter Occupied
55.1%
Median Property Tax
$4,466
per year
Monthly Cost (w/ Mortgage)
$1,249
Housing Types
The current median sale price in Champaign, IL is $235,000 according to Redfin data. Homes spend a median of 64 days on the market. 13.0% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $145. Zillow's observed rent index is $1,424/month. About 44.9% of housing units are owner-occupied. The median year homes were built is 1985. There are 41,484 total housing units.