Market Intelligence · IL / Champaign

Champaign, IL 61821 Housing Market

Typical home value in Champaign, IL 61821 is $204,107, up 3.6% over the past year. The median list price is $209,950, with homes spending a median of 44 days on market as of September 2026.

Updated September 2026Median value$204K

The median home value in Champaign, IL 61821 is $204K as of September 2026, up 3.6% 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 61821 range

$188K to $220K

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

+3.6% over 12 months

Sep 2025$197K

Low $197KHigh $204K

Sep 2026$204K

The numbers

What is the 61821 housing market like?

As of September 2026

Typical home value

$204K

3.6%YoY

Median list price

$210K

7.7%MoM

Days on market

7.3%MoM

Homes for sale

6.4%MoM

Price cuts

23.4%

6.4%MoM

New listings

25.0%MoM

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

The outlook

61821 housing market forecast 2027

+3.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 61821 to rise 3.4% by September 2027.

Over the 12 months through September 2026, typical home values in 61821 rose 3.6%, per the Zillow Home Value Index.

Will home prices drop in 61821?

Zillow's forecast does not call for a drop: it expects typical home values in 61821 to rise 3.4% by September 2027, after a 3.6% 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 61821 home prices compare?

61821$204,107
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

September 2026 brought 40 new listings to the area, with 50 homes currently for sale. Median days on market stands at 44, suggesting a moderate pace of activity. Price cuts appeared on 23.4% of listings, which is a notable share in a market where typical home values have grown 3.6% year-over-year. For sellers, this mix of modest appreciation and active repricing suggests it is important to understand your home's condition and local competition before listing.

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Down payment20% · $40,821

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Common questions

What people ask us.

How much is a home in Champaign, IL 61821 worth?

The typical home value is $204,107, up 3.6% over the past year as of September 2026.

What is the median list price in this ZIP code?

The median list price is $209,950 as of September 2026.

How long do homes typically stay on the market here?

Homes spend a median of 44 days on market in Champaign, IL 61821 as of September 2026.

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Nearby ZIP markets.

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