Urbana, IL, Real Estate

Urbana, Illinois, is a vibrant city in Champaign County, known for its close ties to the University of Illinois at Urbana-Champaign, a major research institution that shapes the city's culture and economy. With a population of around 38,000, Urbana blends small-town charm with intellectual energy, offering a diverse community, historic neighborhoods, and a thriving arts scene. The city hosts the annual Urbana Sweetcorn Festival, celebrating local agriculture, and is home to the iconic Market at the Square, a bustling farmers' market. Urbana’s rich history, green spaces like Meadowbrook Park, and proximity to Champaign make it a dynamic hub for education, innovation, and community life in the heart of the Midwest.

Urbana currently has 89 single family homes for sale with an average list price of $298,942.46, 4 townhouses for sale with an average list price of $287,325, 20 condos for sale with an average list price of $182,165, and 52 lots for sale with an average list price of $337,079.60. The average annual property tax for Urbana is $4,201.28.

Current Homes for Sale

Schools

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Absorption Report

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 Urbana, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Amvets Homestead

Amvets Homestead is a single-family home community in Urbana, Illinois, built between 1954 and 2004. It currently has no homes for sale. The homes range in size from 864 ft2 to 2,200 ft2. The average annual property tax for Amvets Homestead is $2,996.06. ... Read more
Median Price: $188,750
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Beringer Commons

Beringer Commons is a single-family home and condo community in Urbana, Illinois, built between 1994 and 2025. It currently has 5 single family homes for sale with an average list price of $447,760 and 28 lots for sale with an average list price of $80,142.86. The homes range in size from 1,061 ft2 to 4,832 ft2. The HOA fees range from $12 to $21 per month. The average annual property tax for Beringer Commons is $6,759.18. ... Read more
Median Price: $384,092
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Country Squire

Country Squire is a subdivision in Urbana, Illinois. It currently has no homes for sale.
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Country Squire Estates

Country Squire Estates is a single-family home community in Urbana, Illinois, built between 1962 and 2010. It currently has no homes for sale. The homes range in size from 905 ft2 to 1,640 ft2. The average annual property tax for Country Squire Estates is $2,381.99. ... Read more
Median Price: $165,000
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Deerfield Trails

Deerfield Trails is a single-family home, townhouse, and condo community in Urbana, Illinois, built between 1979 and 1986. It currently has no homes for sale. The homes range in size from 1,039 ft2 to 2,195 ft2. The HOA fees range from $30 to $30 per month. The average annual property tax for Deerfield Trails is $4,305.01. ... Read more
Median Price: $165,000
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Subdivisions

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Market Trends

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Nearby Golf Courses

Urbana Golf & Country Club

100 Country Club Road, Urbana, IL 61801
Par 72 • 72 holes • 6543 yards

Nearby Golf Courses

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Real Estate News

Homes Just Sold in Urbana: August 26th to September 1st

Homes Just Sold in Urbana: August 26th to September 1st - September 2, 2025

Urbana had 3 sales during the week of Tuesday, August 26 to Monday, September 1, including including 3 single family homes for sale with an average list price of $224,133.33. $192,500 902 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Urbana: August 23rd to August 29th

New Homes with Master Bedrooms on the 1st Floor in Urbana: August 23rd to August 29th - August 30, 2025

Urbana had 6 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 23 to Friday, August 29, including 6 single ... continue reading
New Homes For Sale This Week in Urbana: August 22nd to August 28th

New Homes For Sale This Week in Urbana: August 22nd to August 28th - August 29, 2025

Urbana had 11 new homes for sale during the week of Friday, August 22 to Thursday, August 28, including including 10 single family homes for sale with an average list ... continue reading
Homes Just Sold in Urbana: August 19th to August 25th

Homes Just Sold in Urbana: August 19th to August 25th - August 26, 2025

Urbana had 12 sales during the week of Tuesday, August 19 to Monday, August 25, including including 9 single family homes for sale with an average list price of $268,733.33 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Urbana: August 16th to August 22nd

New Homes with Master Bedrooms on the 1st Floor in Urbana: August 16th to August 22nd - August 23, 2025

Urbana had 10 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 16 to Friday, August 22, including 7 single ... continue reading
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