If you recently bought a home or are currently looking, you may have noticed higher prices.
In Sangamon, Champaign, Adams counties, and most places in between, home buyers and real estate agents are seeing higher prices than this time last year. The cause? Supply and demand.
In Sangamon County this time last year, the average home price was $194,000, now it’s $208,000.
Experts say currently, a home is on the market for about a month before it is sold due to the high demand, and they are not sure how much longer this trend will last, but they do expect it to be awhile.
