How did the housing markets in Champaign, Urbana, Savoy, and Mahomet compare this spring?
The data comparing April 2026 to April 2025 shows that home prices increased across all four communities, though each market told a slightly different story.
Savoy posted the strongest price appreciation, Mahomet continued to command some of the highest home prices in the county, Champaign remained the largest and most balanced market, and Urbana continued to offer affordability while seeing meaningful gains in value.
Let’s take a closer look at how the major Champaign County housing markets performed during Spring 2026.
Quick Takeaways
- Home prices increased across all four communities.
- Savoy experienced the strongest year-over-year price appreciation.
- Mahomet remained one of the county’s highest-priced housing markets.
- Champaign continued to provide the largest and most balanced housing market.
- Urbana saw strong gains while remaining one of the area’s more affordable communities.
- Well-priced homes continued to attract buyers despite higher mortgage rates.
Which Community Had the Strongest Price Growth?
Among the four communities, Savoy posted the strongest year-over-year increase in median home prices.
The median sales price in Savoy increased from $350,000 in April 2025 to $399,900 in April 2026, representing an increase of approximately 14.3%.
While every market experienced appreciation, Savoy stood out for both its price growth and the speed at which homes sold.
Mahomet Continues to Command Premium Prices
Mahomet remained one of the county’s highest-priced housing markets and continued to attract strong buyer demand throughout Spring 2026.
For homeowners considering selling, Mahomet continues to benefit from a strong reputation and consistent buyer interest.
Champaign Remains the County’s Largest Market
As the largest city in Champaign County, Champaign continues to offer the widest variety of housing options.
From historic neighborhoods near downtown to newer developments throughout the city, Champaign attracts a diverse mix of buyers. While the market did not experience the same level of appreciation as Savoy, it continued to demonstrate steady growth and healthy market activity.
For many buyers, Champaign remains the area’s most balanced housing market due to its inventory, employment opportunities, and variety of price points.
Urbana Offers Affordability and Value
Urbana continued to show positive momentum during Spring 2026.
While home prices generally remain lower than those found in Mahomet or Savoy, Urbana experienced meaningful appreciation and continued to attract buyers looking for value within Champaign County.
Its proximity to the University of Illinois, established neighborhoods, and diverse housing stock continue to make Urbana an attractive option for both homeowners and investors.
Homes Are Still Selling
One theme remained consistent across all four communities: buyers are still active.
Despite mortgage rates remaining higher than many buyers would prefer, well-priced homes continued to attract attention and move through the market.
Savoy experienced the fastest market times among the communities reviewed, while Mahomet, Champaign, and Urbana also demonstrated healthy buyer activity throughout the spring market.
What This Means for Buyers
Buyers continue to face a competitive environment, particularly in communities where inventory remains limited.
Having financing in place, understanding your budget, and being prepared to act when the right home becomes available can help improve your chances of success.
The good news is that each community offers something different. Whether your priorities include housing style, location, neighborhood character, or budget, Champaign County offers a variety of options.
What This Means for Sellers
For sellers, market conditions remain favorable.
Home values have generally increased, buyers remain active, and many well-prepared listings continue to generate strong interest.
While pricing strategy still matters, homeowners throughout Champaign County have benefited from stable demand and limited inventory during Spring 2026.
Explore the Individual Market Reports
Want a deeper dive into each community?
Read the full Spring 2026 market updates below:
- Mahomet Spring Market Update (2026)
- Champaign Spring Market Update (2026)
- Urbana Spring Market Update (2026)
- Savoy Spring Market Update (2026)
Final Thoughts
While each community experienced a slightly different market story, Spring 2026 was generally positive across Champaign County.
Savoy led the way in price appreciation, Mahomet continued to attract strong demand, Champaign provided stability and variety, and Urbana demonstrated strong value and growth.
As we move further into 2026, it will be interesting to see whether these trends continue through the summer and fall markets.
If you’re considering buying or selling a home in Champaign County, I’d be happy to discuss your goals and help you understand what today’s market means for you.
Data Source
Market statistics referenced in this article were sourced from InfoSparks and reflect residential real estate activity within Mahomet, Champaign, Urbana, and Savoy city limits for April 2026 compared to April 2025. Data includes all property types and price points and reflects traditional seller transactions within each community.
About the Author:
Jayme Ahlden is a REALTOR® Broker with Coldwell Banker Real Estate Group, serving Mahomet, Champaign, Urbana, Savoy, and surrounding Central Illinois communities. Jayme focuses on education-first guidance and helping clients navigate complex real estate decisions with clarity and confidence.
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