Champaign County, IL real estate

What the numbers say

Champaign County, IL real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Champaign County listed for $312,000, up 5.4% from a year earlier. That is 4% below the Illinois median of $324,950.

Homes spent a median of 58 days on the market, slower than 43 days a year ago. That makes Champaign County the #31 fastest-selling of 32 Illinois counties we track.

Homeowners in Champaign County pay a median of $4,353 a year in property taxes on a median home value of $211,500, an effective rate of about 2.06%. The Illinois average is 2.01%, which makes Champaign County the #81 lowest-tax of 102 counties in the state with published tax data.

Renters pay a median of $1,051 a month, and $1,093 for a two-bedroom. At today's prices a typical home costs about 25 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $312,000 home here comes to about $2,366 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $101,000 a year (the median household here earns $63,683).