Home prices
The median home in Mahomet is valued at $240,300. This is about $125,180 (108%) higher compared to its nearby areas.It is about $22,800 (10%) higher compared to the rest of the nation, and is approximately $78,500 (48%) higher compared to the city of Champaign.
Rents
The median monthly rent in Mahomet is $939. This is approximately $148 (18%) higher compared to its surrounding areas.In comparison to the rest of the country it is about $123 (11%) lower, and in comparison to the city of Champaign it is approximately $13 (1%) lower.
Nearby places
Lake of the Woods
Lake of the Woods is Mahomet's neighbor to the northeast. Housing prices there are a lot less expensive. The price of the median home in Lake of the Woods is $114,600, which is $125,700 (109%) lower than Mahomet. Its rents are fairly similar. Lake of the Woods's median rent is $926 a month, which comes out to $13 (1%) lower than Mahomet.
Bondville
Bondville is approximately 5 miles south from Mahomet. The real estate prices there are a lot less expensive. The median home in Bondville costs $114,000, which comes out to $126,300 (110%) lower than Mahomet. The rent there is a bit less expensive. In Bondville the median monthly rent is $713, which works out to $226 (31%) lower than Mahomet.
Mansfield
Mansfield is about 5 miles west of Mahomet. Its housing prices are significantly less expensive. The cost of the median home in Mansfield is $125,600, which is $114,700 (91%) lower than Mahomet. The rent there is a bit less expensive. The median rent in Mansfield is $863 a month, which works out to $76 (8%) lower than Mahomet.
Fisher
Fisher is roughly 8 miles north of Mahomet. Its housing prices are substantially less expensive. The cost of the median home in Fisher is $132,800, which comes out to $107,500 (80%) lower than Mahomet. Rents there are a little less expensive. The median monthly rent in Fisher is $735, which is $204 (27%) lower than Mahomet.
Thomasboro
Thomasboro is roughly 9 miles east of Mahomet. Housing prices there are substantially less expensive. The median home value in Thomasboro is $88,600, which is $151,700 (171%) lower than Mahomet. Rent there is somewhat less expensive. Thomasboro's median monthly rent is $718, which is $221 (30%) lower than Mahomet.
