The Mahomet housing market is somewhat competitive. The median sale price of a home in Mahomet was $302K last month, down 11.2% since last year. The median sale price per square foot in Mahomet is $182, down 3.4% since last year.
In October 2024, Mahomet home prices were down 11.2% compared to last year, selling for a median price of $302K. On average, homes in Mahomet sell after 62 days on the market compared to 50 days last year. There were 12 homes sold in October this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$301,500
-11.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Mahomet, IL
$301,500
-11.2%
United States
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How hot is the Mahomet housing market?
Mahomet is somewhat competitive. Homes sell in 64 days.
0
100
46
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 64 days.
Hot homes
can sell for around list price and go pending in around 36 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Mahomet housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mahomet.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mahomet has a minor risk of flooding. 228 properties in Mahomet are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Mahomet. Flood risk is increasing slower than the national average.
12% of properties are at risk of wildfire over the next 30 years
Fire Factor
Mahomet has a moderate risk of wildfire. There are 516 properties in Mahomet that have some risk of being affected by wildfire over the next 30 years. This represents 12% of all properties in Mahomet.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Mahomet has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Mahomet is most at risk from hurricanes. 4,095 properties in Mahomet have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 51 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 63 mph.