Zip 61822 (Champaign, IL) Housing


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Housing in 61822 Champaign, IL is quite impressive. The median value of housing in the area is $276,100, which is lower than the US house median value of $338,100. In addition, the rate of appreciation over the past year stands at 8.72%, which is higher than the national average of 8.27%. This indicates that home values have been rising in this area at a faster rate than other parts of the country and shows that it would be a great investment for potential buyers or renters.

The median home cost in Champaign (zip 61822) is $276,100. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Champaign (zip 61822) is up 14.5%.

Average Age of Homes
- The median age of Champaign (zip 61822) real estate is 20 years old
The Rental Market in Champaign (zip 61822)
- Renters make up 26.6% of the Champaign (zip 61822) population
- 2.1% of houses and apartments in Champaign (zip 61822), 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
  11,759.0139,647,020.0
  2142
  $276,100$338,100
  14.5%16.6%
  36.1%57.0%
  46.3%101.1%
  $24.19$10.98
  $5,563$2,690
  64.4%57.4%
  5.7%11.2%
  29.8%31.4%
  Vacant Housing
  2.1%1.9%
  0.0%0.4%
  1.0%0.7%
  1.5%0.4%
  0.3%3.6%
  0.8%4.1%
  Value of Owner-Occupied Housing
  3.1%2.6%
  0.3%2.4%
  0.1%2.8%
  0.6%3.9%
  3.0%4.5%
  9.7%11.3%
  22.7%13.0%
  32.3%20.1%
  15.8%13.6%
  7.2%8.3%
  3.7%9.7%
  0.6%3.9%
  0.7%2.2%
  0.2%0.8%
  0.1%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  34.6%13.6%
  34.6%13.6%
  20.4%13.6%
  14.9%13.2%
  10.1%14.8%
  20.4%13.6%
  0.7%10.0%
  0.1%4.7%
  0.9%12.2%
Commute

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