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CHAMPAIGN, IL 61821

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The CHAMPAIGN, IL real estate market (61821) currently shows 88 active listings, with 37 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 44 days on market compared to 30 days last year.

The median listing price has fallen 8.7% year-over-year, from $229,900 to $209,950.

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Market Context

Market Context

Population: 29,072  ·  Density: 1,459.1/mi²  ·  Median household income: $63,889

Typical home value: $165,858  ·  Homeownership: 60.0%

Market Overview

Active Listings
88
⇧ 8.6% vs 81 last year
Pending
37
42% pending ratio
Median Price
$209,950
⇩ 8.7% vs $229,900 last year
Average Price
$305,125
⇩ 0.5% vs $306,513 last year
Days on Market
44
⇧ 46.7% vs 30 days last year

Price Per Square Foot

Median $/sqft
$156
⇧ 4% vs $150/sqft last year
Median Home Size
1,390 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 88 this year vs 81 last year
  • Days on market: 44 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $209,950 (-8.7% YoY)
  • Average: $305,125 (-0.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.1 miles — 286 listings ($104,257,955 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61821Champaign, IL 618210.0 mi76$20,516,960$202,950$269,960
61822Champaign, IL 618222.4 mi75$36,627,675$464,125$488,369
61874Savoy, IL 618744.2 mi17$8,884,370$549,900$522,610
61875Seymour, IL 618757.8 mi3$1,845,000$615,000$615,000
61853Mahomet, IL 6185310.7 mi43$18,065,590$419,950$420,130
61864Philo, IL 6186411.4 mi6$1,814,700$302,450$302,450
61840Dewey, IL 6184012.9 mi1$100,000$100,000$100,000
61877Sidney, IL 6187713.2 mi4$857,268$210,850$214,317
61863Pesotum, IL 6186314.1 mi3$732,951$216,200$244,317
61866Rantoul, IL 6186615.2 mi21$3,107,895$139,925$147,995
61871Royal, IL 6187116.6 mi2$519,800$259,900$259,900
61856Monticello, IL 6185617.2 mi23$9,662,898$399,900$420,126
61956Villa Grove, IL 6195619.1 mi12$1,522,848$85,000$126,904

Frequently Asked Questions

How many homes are for sale in CHAMPAIGN, IL 61821?

As of September 2026, there are 88 active listings in CHAMPAIGN, IL (zip code 61821), compared to 81 the prior year.

What is the median home price in CHAMPAIGN, IL 61821?

The median listing price in CHAMPAIGN, IL 61821 is $209,950 as of September 2026, a 8.7% decrease from $229,900 the prior year.

How long do homes stay on the market in CHAMPAIGN, IL?

Homes in CHAMPAIGN, IL 61821 spend an average of 44 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in CHAMPAIGN, IL 61821?

Based on current inventory and days-on-market data as of September 2026, CHAMPAIGN, IL 61821 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 44 days on market compared to 30 days last year.

How much can I save on real estate commission in CHAMPAIGN, IL?

With SELL123.com's maximum 3% commission, sellers in CHAMPAIGN, IL 61821 save an estimated $4,199 compared to a typical 5% commission on the median listing price of $209,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.