Market Intelligence · IL / Champaign

Champaign, IL 61822 Housing Market

Typical home value in Champaign, IL 61822 stands at $332,481, up 4.2% over the past year. The median list price is $379,900, and homes are staying on the market for a median of 58 days.

Updated September 2026Median value$332K

The median home value in Champaign, IL 61822 is $332K as of September 2026, up 4.2% 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 61822 range

$306K to $359K

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

+4.2% over 12 months

Sep 2025$319K

Low $319KHigh $332K

Sep 2026$332K

The numbers

What is the 61822 housing market like?

As of September 2026

Typical home value

$332K

4.2%YoY

Median list price

$380K

2.0%MoM

Days on market

26.1%MoM

Homes for sale

7.2%MoM

Price cuts

28.9%

4.6%MoM

New listings

22.2%MoM

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

The outlook

61822 housing market forecast 2027

+3.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 61822 to rise 3.3% by September 2027.

Over the 12 months through September 2026, typical home values in 61822 rose 4.2%, per the Zillow Home Value Index.

Will home prices drop in 61822?

Zillow's forecast does not call for a drop: it expects typical home values in 61822 to rise 3.3% by September 2027, after a 4.2% 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 61822 home prices compare?

61822$332,481
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

Home values in 61822 have been climbing, with the typical value at $333,142, up 4.3% over the past year as of August 2026. Sellers listed at a median of $379,900 as of September 2026, though 28.9% of listings had taken a price cut. Inventory included 90 homes for sale with 28 new listings that month, and homes took a median of 58 days to move. Rising values work in a seller's favor, but pricing realistically from the start matters here.

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Down payment20% · $66,496

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Common questions

What people ask us.

What is the typical home value in 61822?

The typical home value in Champaign, IL 61822 is $332,481, which has increased 4.2% over the past year.

How long do homes typically stay on the market here?

Homes in this area stay on the market for a median of 58 days before selling.

What share of homes have price reductions?

As of September 2026, 28.9% of listings in 61822 have seen a price cut.

Discover

Nearby ZIP markets.

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