Clifford M. and Sandra Gorman purchase 112 S. Ellen, Homer, appraised at $75,000

The home at 112 S. Ellen, Homer, was sold on May 18 by Todd Chew for $75,000.

Clifford M. and Sandra Gorman were listed as the buyers.

Property taxes on the home totaled $893 in 2024, or 1.2% of the sale price.

This property is one of three sales in Homer, Champaign County, between April 18 and May 18.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.