Mahomet home prices fell in 2021

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The median sale price of a home sold in 2021 in Mahomet fell by $15,550 while total sales increased by 1275%, according to BlockShopper.com.

From January through December of 2021, there were 110 homes sold, with a median sale price of $289,575 - a 5.1% decrease over the $305,125 median sale price for the previous year. There were eight homes sold in Mahomet in 2020.

The median sales tax in Mahomet for the most recent year with available data, 2019, was $4,766, approximately 1.6% of the median home sale price for 2021.

The following table compares Mahomet to other Champaign County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Dewey30-$600,000$0-
Mahomet11081275%$289,575$305,125-5.1%
Savoy878987.5%$265,000$298,950-11.4%
Glover50-$250,000$0-
Tolono2212100%$210,000$217,500-3.4%
Lake of the Woods210-$210,000$0-
St. Joseph3813700%$200,000$169,00018.3%
Seymour20-$193,000$0-
Foosland10-$175,000$0-
Ivesdale40-$172,500$0-
Gifford83166.7%$171,000$169,5000.9%

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