Champaign, IL metro area Housing Market Brief
metro · as of July 2026
What is Champaign, IL metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Champaign, IL metro area in its market cycle?
Champaign, IL metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Champaign, IL metro area?
Our model forecasts Champaign, IL metro area’s home prices to rise about 10.4% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Champaign, IL metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $235K | ▼ -9.6% |
| Median Days on Market | 46 days | ▲ +2.2% |
| Months of Supply | 3.1 | ▲ +47.6% |
| Homes for Sale | 678 | ▲ +42.7% |
| Homes Sold | 216 | ▼ -3.6% |
| Median Price / Sq Ft | $153 | ▼ -0.9% |
How has Champaign, IL metro area’s Alpha Score moved?
Markets like Champaign, IL metro area
Frequently asked questions
Is Champaign, IL metro area a buyer's or seller's market?
As of July 2026, Champaign, IL metro area is classified as a Balanced Market, based on its Alpha Score of 51 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Champaign, IL metro area?
The median sale price in Champaign, IL metro area is $235K, having fallen 9.6% over the past year.
How affordable is Champaign, IL metro area?
Champaign, IL metro area scores 73 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Champaign, IL metro area's Alpha Score?
Champaign, IL metro area's strongest dimension is Affordability (73/100) and its weakest is Inventory Health (26/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Champaign, IL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.