Market Intelligence · IL / Champaign

Champaign, IL 61820 Housing Market

Typical home value in Champaign 61820 stands at $182,975, up 5.6% over the past year. The median list price is $216,900, and homes are taking 55 days on average to sell.

Updated September 2026Median value$183K

The median home value in Champaign, IL 61820 is $183K as of September 2026, up 5.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 61820 range

$168K to $198K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.6% over 12 months

Sep 2025$173K

Low $173KHigh $183K

Sep 2026$183K

The numbers

What is the 61820 housing market like?

As of September 2026

Typical home value

$183K

5.6%YoY

Median list price

$217K

31.7%MoM

Days on market

17.0%MoM

Homes for sale

5.3%MoM

Price cuts

19.7%

91.7%MoM

New listings

16.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

61820 housing market forecast 2027

+3.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 61820 to rise 3.5% by September 2027.

Over the 12 months through September 2026, typical home values in 61820 rose 5.6%, per the Zillow Home Value Index.

Will home prices drop in 61820?

Zillow's forecast does not call for a drop: it expects typical home values in 61820 to rise 3.5% by September 2027, after a 5.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 61820 home prices compare?

61820$182,975
Champaign$204,107
Illinois$194,737
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Champaign: 3 ZIPs; Illinois: 1,084 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 20 homes for sale in 61820, with 10 new listings added recently. The median days on market of 55 suggests a moderate pace of sales activity. However, 19.7% of listings have received price cuts, indicating some sellers are adjusting expectations. Despite the year-over-year gain in typical home value, the current market requires patience and realistic pricing to move a home.

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Down payment20% · $36,595

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Common questions

What people ask us.

What is the typical home value in Champaign 61820?

Typical home value is $182,975, up 5.6% over the past year as of September 2026.

How long do homes take to sell in 61820?

The median days on market is 55 as of September 2026.

What share of homes have price cuts?

As of September 2026, 19.7% of listings in 61820 have received a price cut.

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Nearby ZIP markets.

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