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Mahomet, IL

Full City Profile · Illinois · Champaign County County

4.0 /5.0
A Great
9,755 Population 1,004/sq mi density
$114,904 Median Income $46,300 per capita
$293,200 Home Value $336,303 Zillow
$1,202 Median Rent 30.7% income on rent
51°F Avg Temperature 275 sunny days/yr
114 Violent Crime/100K 557 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$114,904 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$293,200 home value, $1,202/mo rent
F
Safety
1.0 / 5.0
114 violent crimes/100K
A+
Education
5.0 / 5.0
52.8% bachelor's degree or higher

Housing Overview

Median Home Value
$293,200
4% above
US avg: $281,900
Median Rent
$1,202/mo
3% above
US avg: $1,163/mo
Homeownership Rate
80.6%
23% above US avg (65.4%)
Total Housing Units
3,508
Median year built: 1997

Home Value by Source

Census Median
$293,200
Zillow (ZHVI)
$336,303
Median Sale Price
$257,500
Median List Price
$456,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.6%
Owner-Occupied
19.4%
Renter-Occupied
81%
19%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,202/mo

Market Indicators (Redfin)

Median Days on Market
113 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
12.1%
of listings with price reduction
Price Per Sq Ft
$196
Active Inventory
33
homes for sale

Affordability & Housing Stock

Rent Burden
30.7%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
80.6%

Complete Housing Data

Home Values

Census Median Value$293,200
Zillow Home Value (ZHVI)$336,303
Median Sale Price$257,500
Median List Price$456,950
Price Per Sq Ft$196

Rent

Census Median Rent$1,202
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market113
Sale-to-List Ratio1.0%
Price Drops12.1%
Homes Sold6
Active Inventory33
Price Per Sq Ft$196

Ownership & Stock

Owner-Occupied80.6%
Renter-Occupied19.4%
Homeownership Rate80.6%
Total Housing Units3,508
Median Year Built1997
Rent Burden30.7%