Champaign County, IL Housing


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The housing market in Champaign, IL County is a great place to live and invest. The median value of housing in the county is currently $177,400, which is significantly lower than the US House median value of $338,100. However, the one-year house appreciation rate for Champaign County is 7.96%, which is only slightly lower than the national average of 8.27%. This shows that housing values in Champaign are increasing at a healthy rate and can offer potential buyers a good investment opportunity.

The median home cost in Champaign County is $177,400. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Champaign County is up 14.5%.

Average Age of Homes
- The median age of Champaign County real estate is 40 years old
The Rental Market in Champaign County
- Renters make up 40.6% of the Champaign County population
- 5.4% of houses and apartments in Champaign County, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingChampaign, IllinoisUnited States
  92,663.0139,647,020.0
  4142
  $177,400$338,100
  14.5%16.6%
  36.1%57.0%
  46.3%101.1%
  $22.58$10.98
  $3,852$2,690
  47.1%57.4%
  11.7%11.2%
  41.2%31.4%
  Vacant Housing
  5.4%1.9%
  1.7%0.4%
  1.2%0.7%
  1.1%0.4%
  0.5%3.6%
  1.8%4.1%
  Value of Owner-Occupied Housing
  3.6%2.6%
  2.2%2.4%
  2.8%2.8%
  4.6%3.9%
  6.9%4.5%
  21.0%11.3%
  20.5%13.0%
  22.7%20.1%
  9.5%13.6%
  3.6%8.3%
  1.9%9.7%
  0.4%3.9%
  0.3%2.2%
  0.1%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.3%0.2%
  14.7%13.6%
  14.7%13.6%
  12.5%13.6%
  11.8%13.2%
  13.9%14.8%
  12.5%13.6%
  10.2%10.0%
  3.2%4.7%
  10.6%12.2%
Reviews for Champaign
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Champaign County has a lot of great influences from Chicago without the heavy traffic and skyrocketing prices. The downtown area is great with a lot of restaurants with  More

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