Market Intelligence Report — IL-580

Champaign-Urbana, IL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IL-07
As of the latest 2026 data
Accelerated

Median Listing

$325K
+19.3% YoY

Pending Ratio

0.70
-37.8% YoY

Active Inventory

443
+45.3% YoY

Median DOM

46 Days
+33.3% YoY

Primary Intelligence Tool — Sold Score™

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The market currently exhibits accelerated conditions, evidenced by a pending ratio of 0.70. This reflects sustained demand absorption relative to available inventory.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.5%+0.3 pp YoY

Unemployment rate · Jun 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

239,979+0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Champaign-Urbana market right now.

Active listings have increased significantly by 45.3% over the past year, while new listings have contracted by 15.0%. Despite this, the pending ratio declined by 37.8% year-over-year, indicating a shift in the demand-supply balance. Median listing prices have experienced a substantial year-over-year increase of 19.3%, even with a month-over-month decrease of 4.4%. Median days on market increased by 33.3% over the past year, suggesting a lengthening sales cycle.

Historical Analysis

Market Trends

Median Price

$325K-4.4% MoM

Active Inventory

443+45.3% YoY

Days on Market

46+33.3% YoY

Sold Score™

60-37.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

60
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

While the pending ratio of 0.70 indicates a comparatively swift absorption of available supply, the increase in days on market suggests a decelerating pace of transactions. This combination implies that price discipline may become a more significant factor for properties to maintain competitive positioning, despite overall inventory pressure remaining elevated.

Luxury Segment

The average listing price increased by 15.8% year-over-year, which is moderately below the 19.3% year-over-year growth observed in the median listing price. This indicates that price appreciation has been somewhat more pronounced in the mid-tier segment relative to the higher-priced properties.

Supply Dynamics

443 active listings represent the current floor, with new supply arriving at roughly 226 per month.

Pricing Pressure
20.2%

of active listings carry a price reduction, +3.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +7.8% year-over-year.

Absorption
0.70

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Champaign-Urbana, IL? Homes here are taking 11 days longer to sell than last year.

Demand in Champaign-Urbana, IL is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
70%
Median Days on Market
46 days
Inventory YoY
+45%

Demand is strong in Champaign-Urbana, IL. Check your Sold Score before you price — conditions this favorable don't hold forever.

See how fast my home should sell

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The Monthly Briefing

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Metro Demographics

Metro Area
Champaign-Urbana, IL
CBSA Code
16580
State
IL

ZIPs in Champaign-Urbana, IL

Sorted by active inventory · click a ZIP for its full report