Champaign IL Real Estate & Homes for Sale in Champaign

Homes for Sale in Champaign

Fast-growing, progressive and replete with an excellent overall quality of life, the city of Champaign, Illinois, welcomes future residents with open arms. Situated in Champaign County, which was named after its namesake county in Ohio, the city of Champaign is known for being the home of the University of Illinois at Urbana-Champaign, sharing the campus with neighboring Urbana. The city is also nationally recognized for having the highest ratio of park land to developed land than any other major city in the United States with 500 acres dedicated to parkland within city limits.

Over 75,000 residents call Champaign home and that number is quickly rising due to the area's housing market, great school system, as well as the strong economy and job market. Champaign's housing market is incredibly affordable, with median home prices hovering just under $150,000. Single-family homes dominate the city's real estate market; however, interested buyers can easily find listings for golf course homes, investment units, condominiums and townhouses, and even farmland.

Champaign's youth population is served by the schools of the Champaign Unit School District #4. Once they've graduated and are ready to proceed with their higher learning endeavors, universities and colleges such as the University of Illinois at Urbana-Champaign and Parkland College awaits them. The area's strong economy serves as a major draw for future residents; industries such as technology and software manufacturing are prominent in Champaign with most companies located in Research Park in the southern part of the city.

Come see what so many have already discovered about this great community; come home to Champaign, Illinois!

| Champaign City Guide |

Real estate in Champaign, IL is diverse, affordable, and allows future homeowners the opportunity to choose what kind of suburban neighborhood, subdivision, or community type they'd like to live in. As a college town, Champaign has a great selection of investment properties and apartments, as well as reasonably priced condos and townhomes for sale. But as a fast-growing city with its own thriving metropolitan area, potential homeowners can easily find single-family homes in a range of styles and prices. Farmland and other rural properties can be found in Champaign as well.

Prices for homes in Champaign can be found under $100,000 to well over a million dollars. Luxury estates, Champaign custom built homes, and executive properties can all be found in the higher end of the pricing spectrum. Champaign condos and Champaign townhomes are priced starting just under $65,000 and run the gamut to the $400,000s. Land in Champaign for custom development is priced starting at $35,000 and is dependent on acreage, topography, and utilities present.

Champaign Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $123,677 compared to $123,677 the previous week, to remain steady with no change in listing price.  For Saturday, May 19th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Champaign IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Champaign to help you find the best home!