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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

$297,371

AVERAGE PRICE OF 267 HOMES

$2,498,553

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$285,183

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$316,950

AVERAGE PRICE OF 2 HOMES WITH A POOL

$288,699

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $297,371
Avg Bedrooms 1.95 beds
Avg Bathrooms 1.33 baths

Average Price by Bedrooms

1 bedroom $233,725
2 bedrooms $172,988
3 bedrooms $250,485
4 bedrooms $289,705
5 bedrooms $384,440
Urbana Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 263 235 203 195 193
Average Price $304,343 $297,388 $287,678 $264,589 $259,604
Avg Price Change +2.34% +3.38% +8.73% +1.92% -0.16%
Median Price $187,532 $166,386 $140,142 $117,257 $107,670
Med Price Change +12.71% +18.73% +19.52% +8.90% -2.95%
Avg Bedrooms 1.96 beds 1.86 beds 1.61 beds 1.6 beds 1.63 beds
Avg Bathrooms 1.32 baths 1.22 baths 1.03 baths .99 bath 1.01 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
St. Joseph-Ogden High School 1 $739,500 44 days
Urbana Elementary School 1 $599,500 92 days
Urbana High School 247 $273,961 214 days
Urbana Middle School 1 $209,900 113 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 267 $297,371 209 days
Multi-Million Dollar Homes 10 $2,498,553 251 days
Newly Built Homes 18 $285,183 75 days
Homes with a Pool 2 $316,950 29 days
Reduced Price Homes 4 $288,699 32 days