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Urbana

Why you'd want to live in Urbana

Urbana is the county seat of Champaign County. Most of the campus of the University of Illinois at Urbana-Champaign is located in Urbana. Urbana has two major hospitals and a thriving downtown area, home to the Farmers Market late Spring- late Fall. Urbana is also home to the Sweetcorn Festival held in August and hosting popular bands and sweetcorn fresh from Central Illinois.

Urbana University of Illinois Illini Meadowbrook Park parks and recreation downtown Farmers Market Sweetcorn Festival hospitals Carle Provena Medical Center

Urbana Market Report

$338,226

AVERAGE PRICE OF 234 HOMES

$168,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,364,929

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$335,887

AVERAGE PRICE OF 20 NEWLY BUILT HOMES

$509,950

AVERAGE PRICE OF 2 HOMES WITH A POOL

$330,613

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $338,226
Avg Bedrooms 1.88 beds
Avg Bathrooms 1.31 baths

Average Price by Bedrooms

2 bedrooms $141,154
3 bedrooms $244,121
4 bedrooms $291,133
5 bedrooms $645,270
Urbana Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 222 223 242 234 209
Average Price $352,436 $344,848 $349,259 $352,060 $358,848
Avg Price Change +2.20% -1.28% -0.80% -1.93% -4.22%
Median Price $179,149 $179,060 $192,880 $208,000 $216,938
Med Price Change +0.05% -7.72% -7.84% -4.30% -2.38%
Avg Bedrooms 1.85 beds 1.97 beds 2.01 beds 2 beds 2.12 beds
Avg Bathrooms 1.28 baths 1.39 baths 1.44 baths 1.4 baths 1.45 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Urbana High School 202 $291,413 133 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 234 $338,226 136 days
Distressed Homes 1 $168,000 37 days
Multi-Million Dollar Homes 13 $2,364,929 283 days
Newly Built Homes 20 $335,887 101 days
Homes with a Pool 2 $509,950 47 days
Reduced Price Homes 15 $330,613 45 days