Dewey, Illinois, is a small, unincorporated community and census-designated place in East Bend Township, Champaign County, with a population of 105 as of the 2020 census. Spanning just 0.10 square miles, this tight-knit, family-friendly town boasts a population density of 1,082.47 people per square mile. Established in 1876 as Behrens, it was renamed Dewey in 1878 after the local railroad station, honoring railroad investor Milo C. Dewey. With a rural charm, Dewey offers a peaceful atmosphere, dog-friendly spaces, and proximity to nearby cities like Champaign and Urbana, making it an appealing spot for those seeking a quiet, close-knit lifestyle.
Dewey currently has 1 single family home for sale with a list price of $180,000 and 2 lots for sale with an average list price of $232,500. The average annual property tax for Dewey is $4,917.82.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Dewey, i.e. what's hot and what's not.
See What's Hot & What's Not in DeweyDewey home sales for the month of June stayed the same in volume when compared to last year, while the median sale price decreased by 13.8% from $385,000 to $332,000. House sales stayed the same, while the median sale price decreased by 13.8% from $385,000 to $332,000.
11
|
16
|
5
|
3
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$195,000
|
$260,000
|
$402,500
|
$385,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |