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Urbana Market Report

$320,502

AVERAGE PRICE OF 240 HOMES

$129,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,228,540

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$336,667

AVERAGE PRICE OF 23 NEWLY BUILT HOMES

$829,900

AVERAGE PRICE OF 1 HOMES WITH A POOL

$281,583

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $320,502
Avg Bedrooms 1.86 beds
Avg Bathrooms 1.26 baths

Average Price by Bedrooms

2 bedrooms $151,745
3 bedrooms $244,055
4 bedrooms $276,477
5 bedrooms $572,781
Urbana Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 237 223 224 243 235
Average Price $337,845 $352,626 $345,071 $349,447 $352,242
Avg Price Change -4.38% +2.19% -1.27% -0.80% -1.92%
Median Price $172,631 $180,116 $180,024 $193,711 $208,795
Med Price Change -4.34% +0.05% -7.60% -7.79% -4.31%
Avg Bedrooms 1.89 beds 1.85 beds 1.97 beds 2.01 beds 2 beds
Avg Bathrooms 1.31 baths 1.28 baths 1.39 baths 1.44 baths 1.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Champaign Cusd 4 1 $375,000 n/a
Urbana High School 204 $286,207 144 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 240 $320,502 147 days
Distressed Homes 1 $129,000 28 days
Multi-Million Dollar Homes 12 $2,228,540 332 days
Newly Built Homes 23 $336,667 100 days
Homes with a Pool 1 $829,900 111 days
Reduced Price Homes 3 $281,583 32 days
The Real Estate Group Inc.
3701 W. Wabash Ave.
Springfield, IL 62711
217-787-7000

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