Market Intelligence Report — IL-580

Champaign-Urbana, IL

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

Ref. No: 2026-IL-09
As of the latest 2026 data
Cooling

Median Listing

$300K
+10.1% YoY

Pending Ratio

0.47
-26.1% YoY

Active Inventory

506
+31.1% YoY

Median DOM

55 Days
+27.0% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Champaign-Urbana market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Champaign-Urbana, IL.

Free ReportNo Sign-up~60 Seconds

The market is currently Cooling, marked by a pending ratio of 0.47, reflecting a significant year-over-year decline of 26.1%. This indicates a notable shift in demand dynamics relative to available supply.

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

3.8%-1.0 pp YoY

Unemployment rate · Aug 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 seen a substantial year-over-year increase of 31.1% to 506 units, while new listings decreased by 6.2% over the past year. Concurrently, the median listing price has increased by 10.1% year-over-year despite a 6.2% month-over-month decline, suggesting price adjustments are occurring amidst rising inventory and softening demand.

Historical Analysis

Market Trends

Median Price

$300K-6.2% MoM

Active Inventory

506+31.1% YoY

Days on Market

55+27.0% YoY

Sold Score™

60-26.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

60
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

The expansion in active listings to 506 and the lengthened median days on market to 55 suggests decelerating transaction pace. Inventory pressure is easing, requiring a more disciplined pricing strategy to attract interest and facilitate sales.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

506 active listings represent the current floor, with new supply arriving at roughly 212 per month.

Pricing Pressure
22.7%

of active listings carry a price reduction, +6.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.9% year-over-year.

Absorption
0.47

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Champaign-Urbana, IL? Homes here are taking 12 days longer to sell than last year.

Champaign-Urbana, IL is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
47%
Median Days on Market
55 days
Inventory YoY
+31%

Champaign-Urbana, IL is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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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