Cities with the most expensive homes in the Champaign metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Champaign metro area using data from . Charts show the monthly typical home value since January 2018. All 29 cities and towns with data available were included in the list.

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1 / 29

#29. Villa Grove, IL

- Typical home value: $138,195
- 1-year price change: +5.2%
- 5-year price change: +43.6%

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#28. Rantoul, IL

- Typical home value: $142,056
- 1-year price change: +2.8%
- 5-year price change: +37.4%

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#27. Atwood, IL

- Typical home value: $142,514
- 1-year price change: -5.6%
- 5-year price change: +22.7%

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#26. Hammond, IL

- Typical home value: $145,908
- 1-year price change: +9.5%
- 5-year price change: +44.8%

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#25. Cerro Gordo, IL

- Typical home value: $146,824
- 1-year price change: -8.2%
- 5-year price change: +16.3%

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#24. Thomasboro, IL

- Typical home value: $160,443
- 1-year price change: +15.1%
- 5-year price change: +40.7%

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#23. Farmer City, IL

- Typical home value: $173,341
- 1-year price change: +9.0%
- 5-year price change: +48.8%

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#22. Bement, IL

- Typical home value: $175,722
- 1-year price change: +1.0%
- 5-year price change: +20.4%

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#21. Broadlands, IL

- Typical home value: $182,397
- 1-year price change: +9.2%
- 5-year price change: +31.5%

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#20. Homer, IL

- Typical home value: $189,115
- 1-year price change: +4.5%
- 5-year price change: +26.0%

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#19. Cisco, IL

- Typical home value: $202,764
- 1-year price change: -2.0%
- 5-year price change: +8.3%

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#18. Sadorus, IL

- Typical home value: $205,390
- 1-year price change: +10.3%
- 5-year price change: +37.3%

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#17. Urbana, IL

- Typical home value: $207,795
- 1-year price change: +5.9%
- 5-year price change: +32.9%

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#16. Pesotum, IL

- Typical home value: $215,739
- 1-year price change: +6.5%
- 5-year price change: +34.7%

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#15. Gifford, IL

- Typical home value: $226,633
- 1-year price change: +9.3%
- 5-year price change: +27.6%

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#14. Mansfield, IL

- Typical home value: $229,514
- 1-year price change: -0.2%
- 5-year price change: +26.5%

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#13. Ogden, IL

- Typical home value: $229,529
- 1-year price change: +7.9%
- 5-year price change: +40.4%

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#12. Fisher, IL

- Typical home value: $237,573
- 1-year price change: +9.2%
- 5-year price change: +34.4%

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#11. Sidney, IL

- Typical home value: $238,164
- 1-year price change: +9.3%
- 5-year price change: +33.0%

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#10. Champaign, IL

- Typical home value: $238,960
- 1-year price change: +4.2%
- 5-year price change: +33.1%

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#9. Tolono, IL

- Typical home value: $253,556
- 1-year price change: +6.6%
- 5-year price change: +35.5%

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#8. Philo, IL

- Typical home value: $267,140
- 1-year price change: +8.4%
- 5-year price change: +25.9%

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#7. Monticello, IL

- Typical home value: $284,697
- 1-year price change: +5.1%
- 5-year price change: +24.8%

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#6. Saint Joseph, IL

- Typical home value: $292,843
- 1-year price change: +6.1%
- 5-year price change: +29.4%

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#5. Seymour, IL

- Typical home value: $311,291
- 1-year price change: +10.4%
- 5-year price change: +36.4%

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#4. Mahomet, IL

- Typical home value: $351,746
- 1-year price change: +3.9%
- 5-year price change: +25.3%

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#3. Savoy, IL

- Typical home value: $353,161
- 1-year price change: +2.8%
- 5-year price change: +29.9%

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#2. Dewey, IL

- Typical home value: $371,408
- 1-year price change: +10.9%
- 5-year price change: +24.8%

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#1. White Heath, IL

- Typical home value: $379,307
- 1-year price change: +10.7%
- 5-year price change: +54.8%

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