Champaign, IL Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Champaign, IL is a hot market right now.

  • •Prices are rising rapidly at 6.7% year-over-year — expect competition.
  • •Price-to-rent ratio: 14.4 — buying is likely more cost-effective than renting.

Median Home Value

$226,413

ZHVI

Year-over-Year

+6.7%

Price change

5-Year Change

+36.8%

Since 2021

Median Rent

$1,306/mo

ZORI

Active Listings

400

For sale

State Avg

$281,547

Illinois

Home Value Trends

5-year Zillow Home Value Index for Champaign, IL vs. state and national averages.

Rent Data

Median Rent

$1,306/mo

Rent YoY Change

+5%

Rent vs. Buy Calculator

Other Markets in Illinois

Chicago, IL$338,685Bloomington, IL$248,377Rochelle, IL$217,756Kankakee, IL$215,628Effingham, IL$212,479Rockford, IL$209,204
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.