Call or Text (240) SELL-123

MAHOMET, IL 61853

Real Estate Market Report  ·  Champaign County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
43
⇧ 59.3% vs 27 last year
Pending
12
28% pending ratio
Median Price
$364,900
⇩ 16.4% vs $436,400 last year
Average Price
$435,672
⇩ 12.6% vs $498,548 last year
Days on Market
67
vs 67 days last year

Market Context

Population: 14,288  ·  Density: 115.0/mi²  ·  Median household income: $112,169

Typical home value: $260,611  ·  Homeownership: 85.0%

Market Analysis

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

The MAHOMET, IL real estate market (61853) currently shows 43 active listings, with 12 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

The median listing price has fallen 16.4% year-over-year, from $436,400 to $364,900.

Whether you are buying or selling in MAHOMET, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MAHOMET, IL 61853 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 27 last year
  • Days on market: 67 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $364,900 (-16.4% YoY)
  • Average: $435,672 (-12.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.7 miles — 291 listings ($90,669,187 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61853Mahomet, IL 618530.0 mi43$18,733,896$364,900$435,672
61843Fisher, IL 618436.7 mi6$2,203,050$329,950$367,175
61875Seymour, IL 618758.2 mi3$1,845,000$615,000$615,000
61724Bellflower, IL 617249.6 mi2$434,900$217,450$217,450
61821Champaign, IL 6182110.7 mi78$20,122,752$190,000$257,984
61842Farmer City, IL 6184213.2 mi13$3,009,214$195,000$231,478
61801Urbana, IL 6180113.3 mi37$11,149,765$282,500$301,345
61874Savoy, IL 6187414.5 mi12$5,980,632$490,000$498,386
61802Urbana, IL 6180215.7 mi65$18,077,930$240,900$278,122
61856Monticello, IL 6185616.1 mi29$8,793,148$304,700$303,212
61722Arrowsmith, IL 6172217.7 mi1$144,900$144,900$144,900
60933Elliott, IL 6093318.1 mi1$97,500$97,500$97,500
60949Ludlow, IL 6094919.7 mi1$76,500$76,500$76,500

Frequently Asked Questions

How many homes are for sale in MAHOMET, IL 61853?

As of January 2026, there are 43 active listings in MAHOMET, IL (zip code 61853), compared to 27 the prior year.

What is the median home price in MAHOMET, IL 61853?

The median listing price in MAHOMET, IL 61853 is $364,900 as of January 2026, a 16.4% decrease from $436,400 the prior year.

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

Homes in MAHOMET, IL 61853 spend an average of 67 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in MAHOMET, IL 61853?

Based on current inventory and days-on-market data as of January 2026, MAHOMET, IL 61853 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in MAHOMET, IL 61853 save an estimated $7,298 compared to a typical 5% commission on the median listing price of $364,900. 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.