HousingHandbookReference data

U.S. ZIP Code · IL61874

Champaign County · Champaign-Urbana, IL

Typical home value

$356,067[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.3%
5-year / yr
+6.6%
10-year / yr
+4.8%

Relative price

vs U.S.
+25.3%
vs metro
+87.0%
vs state
+86.2%
ZIP 61874 location in IL
Location of ZIP 61874 in IL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 61874 is worth $356,067 — 87.0% above the Champaign-Urbana, IL median. Over the past year, values have risen 5.3%. Homes here rent for a typical $1,441 a month — a 4.9% gross rental yield. The effective property tax rate is 2.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,441[2]
Gross yield
4.9%[2]
Cap rate
2.9%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.0%[3]
Typical annual tax
$7,147[3]

#Climate risk

FEMA National Risk Index ratings for Champaign County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively High
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
8,811[3]
Median household income
$91,667[3]

#Migration

Household moves in and out of Champaign County over a year, from IRS tax-return data.

Net migration
-1,307[5]
Moved in
4,995
Moved out
6,302

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • Carrie Busey Elem School

    Elementary · Grades K–5 · Champaign CUSD 4

    451 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield4.9%
Net yield (after ~40% expenses)2.9%
Annual rent$17,288

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,800
Loan principal$284,853
Down payment$71,213
Total interest paid$363,315

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.87
Monthly cost to own$2,694
Monthly rent$1,441

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
68th percentile[1]
Rental yield
0th percentile[2]
Property tax
83rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 61874?
The typical home in 61874 is worth $356,067, based on the Zillow Home Value Index.
Are home values rising in 61874?
Home values in 61874 are up 5.3% over the past year, and up 6.6% a year over five years.
What is the typical rent in 61874?
A typical home in 61874 rents for about $1,441 a month, a gross rental yield of 4.9%.
What is the property tax rate in 61874?
The effective property tax rate in 61874 is 2.0% — roughly $7,147 a year on a typical home.
Who lives in 61874?
ZIP code 61874 has a population of 8,811 and a median household income of $91,667.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • White Heath CDP, IL

    Typical home
    $353,464
    Gross yield
  • Mahomet, IL

    Typical home
    $347,240
    Gross yield
    7.0%
  • Champaign, IL

    Typical home
    $328,660
    Gross yield
    6.3%
  • Mahomet, IL

    Typical home
    $289,787
    Gross yield
  • St. Joseph, IL

    Typical home
    $282,588
    Gross yield
  • Monticello, IL

    Typical home
    $272,131
    Gross yield

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