The housing market in 61821 Champaign, IL is doing well. The median value of homes is $156,200 which may appear to be considerably lower than the US House Median Value of $338,100; however, the appreciation rate in the area is 8.72%, higher than the US 1 year House Appreciation of 8.27%. This positive trend shows that the home prices are likely to continue increasing in value over time.
The median home cost in Champaign (zip 61821) is $156,200. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Champaign (zip 61821) is up 14.5%.
Average Age of Homes
- The median age of Champaign (zip 61821) real estate is 50 years old
The Rental Market in Champaign (zip 61821)
- Renters make up 34.4% of the Champaign (zip 61821) population
- 4.2% of houses and apartments in Champaign (zip 61821), 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.