Cities with the fastest growing home prices in Champaign metro area

Written by:
November 23, 2022
Arina P Habich // Shutterstock

Cities with the fastest growing home prices in Champaign metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Champaign-Urbana, IL metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 33 cities and towns in Champaign.

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Stacker

#30. Sidney, Sidney

- 1-year price change: +$9,586 (+5.7%)
- 5-year price change: +$36,491 (+26.0%)
- Typical home value: $176,840 (#13 most expensive city in metro)
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#29. Broadlands, Broadlands

- 1-year price change: +$9,804 (+7.6%)
- 5-year price change: +$38,306 (+38.0%)
- Typical home value: $139,115 (#24 most expensive city in metro)
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Stacker

#28. Thomasboro, Thomasboro

- 1-year price change: +$10,622 (+9.7%)
- 5-year price change: +$29,215 (+32.3%)
- Typical home value: $119,782 (#28 most expensive city in metro)
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#27. Ivesdale, Ivesdale

- 1-year price change: +$10,832 (+7.5%)
- 5-year price change: +$43,196 (+38.4%)
- Typical home value: $155,682 (#20 most expensive city in metro)
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#26. Penfield, Penfield

- 1-year price change: +$10,919 (+8.4%)
- 5-year price change: +$33,759 (+31.6%)
- Typical home value: $140,521 (#23 most expensive city in metro)

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#25. Cerro Gordo, Cerro Gordo

- 1-year price change: +$11,009 (+10.7%)
- 5-year price change: +$26,641 (+30.5%)
- Typical home value: $113,901 (#30 most expensive city in metro)
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#24. Farmer City, Farmer City

- 1-year price change: +$11,274 (+9.3%)
- 5-year price change: +$27,078 (+25.7%)
- Typical home value: $132,361 (#26 most expensive city in metro)
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Stacker

#23. Hammond, Hammond

- 1-year price change: +$11,512 (+10.4%)
- 5-year price change: +$27,078 (data not available)
- Typical home value: $122,345 (#27 most expensive city in metro)
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Stacker

#22. Pesotum, Pesotum

- 1-year price change: +$12,028 (+7.7%)
- 5-year price change: +$39,602 (+30.9%)
- Typical home value: $167,840 (#17 most expensive city in metro)
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#21. Atwood, Atwood

- 1-year price change: +$12,660 (+11.9%)
- 5-year price change: +$31,479 (+35.8%)
- Typical home value: $119,423 (#29 most expensive city in metro)

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#20. Gifford, Gifford

- 1-year price change: +$12,812 (+8.4%)
- 5-year price change: +$35,369 (+27.2%)
- Typical home value: $165,537 (#18 most expensive city in metro)
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#19. Homer, Homer

- 1-year price change: +$13,494 (+10.4%)
- 5-year price change: +$35,742 (+33.3%)
- Typical home value: $142,958 (#22 most expensive city in metro)
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#18. Cisco, Cisco

- 1-year price change: +$13,736 (+10.3%)
- 5-year price change: +$35,742 (data not available)
- Typical home value: $146,662 (#21 most expensive city in metro)
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#17. Sadorus, Sadorus

- 1-year price change: +$14,075 (+9.9%)
- 5-year price change: +$40,182 (+34.7%)
- Typical home value: $156,147 (#19 most expensive city in metro)
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#16. Tolono, Tolono

- 1-year price change: +$14,390 (+8.2%)
- 5-year price change: +$44,372 (+30.6%)
- Typical home value: $189,266 (#11 most expensive city in metro)

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Stacker

#15. Royal, Royal

- 1-year price change: +$16,267 (+10.3%)
- 5-year price change: +$35,254 (+25.5%)
- Typical home value: $173,572 (#14 most expensive city in metro)
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#14. Mansfield, Mansfield

- 1-year price change: +$16,952 (+9.8%)
- 5-year price change: +$47,333 (+33.3%)
- Typical home value: $189,507 (#10 most expensive city in metro)
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#13. Urbana, Urbana

- 1-year price change: +$17,819 (+11.8%)
- 5-year price change: +$41,470 (+32.5%)
- Typical home value: $169,183 (#16 most expensive city in metro)
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#12. Monticello, Monticello

- 1-year price change: +$18,703 (+8.9%)
- 5-year price change: +$51,321 (+28.9%)
- Typical home value: $228,837 (#6 most expensive city in metro)
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#11. Ludlow, Ludlow

- 1-year price change: +$18,788 (+16.4%)
- 5-year price change: +$51,321 (data not available)
- Typical home value: $133,266 (#25 most expensive city in metro)

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Stacker

#10. Philo, Philo

- 1-year price change: +$19,017 (+10.1%)
- 5-year price change: +$50,631 (+32.3%)
- Typical home value: $207,604 (#8 most expensive city in metro)
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#9. Champaign, Champaign

- 1-year price change: +$19,251 (+11.2%)
- 5-year price change: +$46,520 (+32.1%)
- Typical home value: $191,618 (#9 most expensive city in metro)
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Stacker

#8. Fisher, Fisher

- 1-year price change: +$21,848 (+13.3%)
- 5-year price change: +$42,032 (+29.2%)
- Typical home value: $185,746 (#12 most expensive city in metro)
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#7. Ogden, Ogden

- 1-year price change: +$22,516 (+15.2%)
- 5-year price change: +$39,739 (+30.4%)
- Typical home value: $170,470 (#15 most expensive city in metro)
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#6. Seymour, Seymour

- 1-year price change: +$23,924 (+11.8%)
- 5-year price change: +$62,662 (+38.2%)
- Typical home value: $226,535 (#7 most expensive city in metro)

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Stacker

#5. Saint Joseph, Saint Joseph

- 1-year price change: +$26,559 (+12.7%)
- 5-year price change: +$59,675 (+34.0%)
- Typical home value: $234,981 (#5 most expensive city in metro)
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#4. White Heath, White Heath

- 1-year price change: +$29,353 (+10.2%)
- 5-year price change: +$75,005 (+31.1%)
- Typical home value: $316,566 (#1 most expensive city in metro)
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#3. Mahomet, Mahomet

- 1-year price change: +$30,118 (+11.8%)
- 5-year price change: +$71,959 (+33.7%)
- Typical home value: $285,541 (#3 most expensive city in metro)
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Stacker

#2. Savoy, Savoy

- 1-year price change: +$34,598 (+12.6%)
- 5-year price change: +$69,237 (+28.9%)
- Typical home value: $308,434 (#2 most expensive city in metro)
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#1. Dewey, Dewey

- 1-year price change: +$36,965 (+16.3%)
- 5-year price change: +$68,562 (+35.1%)
- Typical home value: $263,876 (#4 most expensive city in metro)

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