Metro area index
Home appreciation in the Champaign-Urbana, IL metro area
FHFA HPI® data shows the Champaign-Urbana, IL metro area's all-transactions index changed +5.4% over the year to Q2 2026, versus +6.0% for Illinois and +3.0% for the U.S. That ranks 83rd of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +5.4%
- 5-year change
- +47.5%
- Since Q1 1995
- +203%
- Metro rank (1 year)
- 83rd
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Champaign-Urbana, IL vs Illinois and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Champaign-Urbana, IL: 302.9
- Illinois: 283.5
- United States: 391.6
Appreciation by time window
| Window | Metro | IL | U.S. | Gap vs IL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +5.4% | +6.0% | +3.0% | −0.6 pts | +2.4 pts |
| 3 years | +20.0% | +21.8% | +12.9% | −1.8 pts | +7.1 pts |
| 5 years | +47.5% | +46.9% | +41.3% | +0.6 pts | +6.2 pts |
| 10 years | +74.6% | +75.6% | +93.3% | −1.0 pts | −18.7 pts |
| Since Q1 1995 | +203% | +184% | +292% | +19.4 pts | −88.7 pts |
3-digit ZIP regions in the Champaign-Urbana, IL area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 618 · Champaign, IL area | IL | +7.4% | +49.4% | +201% | 74% |
Boom, bust, and recovery in Champaign-Urbana, IL area
Champaign-Urbana, IL area's index peaked in Q3 2007, fell 6.1% to its low in Q4 2013, and regained its peak in Q2 2015, about 7.8 years after the top. Today it sits +75.0% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q3 2007 | Q4 2013 | -6.1% | Q2 2015 (7.8 yrs) | +75.0% |
| IL | Q1 2007 | Q2 2012 | -21.8% | Q2 2021 (14.2 yrs) | +51.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Champaign-Urbana, IL area's index has changed +36.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | IL after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +1.5% | +2.0% | -0.8% |
| 3 years | +9.8% | +9.3% | +10.9% | +2.8% |
| 5 years | +24.0% | +18.9% | +18.4% | +13.9% |
| 10 years | +39.1% | +25.6% | +26.3% | +39.0% |
| Since Q1 1995 | +121% | +36.8% | +28.0% | +76.8% |
If you bought in the Champaign-Urbana, IL area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +190% | $869,234 |
| Q2 2000 | +141% | $723,588 |
| Q2 2005 | +86.8% | $560,317 |
| Q2 2010 | +78.5% | $535,611 |
| Q2 2015 | +74.5% | $523,483 |
| Q2 2020 | +61.8% | $485,343 |
| Q2 2021 | +47.5% | $442,404 |
| Q2 2023 | +20.0% | $360,002 |
| Q2 2025 | +5.4% | $316,159 |
Frequently asked questions
- How much have home prices risen in the Champaign-Urbana, IL area?
- FHFA HPI® data for the Champaign-Urbana, IL metro area shows changes of +5.4% over one year, +47.5% over five years, and +74.6% over ten years to Q2 2026, and +203% since Q1 1995.
- Is the Champaign-Urbana, IL area beating the national average?
- Over the past year the metro's index moved +2.4 pts versus the U.S.; over five years the gap is +6.2 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.