61874 — Champaign County, Illinois Market Snapshot
Housing market data for zip code 61874 in Champaign County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
23 sales in 2026 (year to date)
Median Sale Price
$424,000
Days to Sell
62
Homes Sold
23
Inventory
43
Sale-to-List
99.5%
New Listings
52
Price/SqFt
$208
Pending Sales
40
Conforming Loan Available
Most homebuyers in 61874 can comfortably use conventional financing. The median home price of $424,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 62 days on average, 61874 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 61874 (99.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 61874 can comfortably use conventional financing. The median home price of $424,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 61874 are set at the county level.
2026 Loan Limits — Champaign County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 61874
To purchase the median home at $424,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,399.
Monthly Payment
$3,399
Income Required
$145,652
Principal & Interest
$2,613/mo
Down Payment (5%)
$21,200
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 61874.
Estimated Monthly Payment
$2,774
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