Is Champaign, IL 61820 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Champaign is a seller’s market. With about 2.5 months of supply and 32% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.5Under 4 months = seller’s market

Sold above original list31.8%Share of sales, last 3 months

Median sale-to-list98.6%Sold price ÷ list price

Median days on market37Listing to accepted offer

Median price per sq ft$153▲ +3.7% vs. last year

Run the numbers for 61820

Prefilled for 61820Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61820Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bondville 61815Seller’s market $133 /sq ft Broadlands 61816Seller’s market $128 /sq ft Champaign 61821Seller’s market $162 /sq ft Champaign 61822Seller’s market $168 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology