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.
Schools
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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
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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.
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Median Price: $188,750 |
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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.
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Median Price: $384,092 |
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Country Squire is a subdivision in Urbana, Illinois. It currently has no homes for sale.
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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.
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Median Price: $165,000 |
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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.
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Median Price: $165,000 |
Show all 36 Subdivisions
Subdivisions
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Market Trends
Urbana home sales for the month of August decreased in volume by 2.7% when compared to last year, while the median sale price rose by 6.8% from $225,000 to $240,400. House sales decreased by 6.3%, while the median sale price rose by 7.9% from $243,075 to $262,250. Condo sales rose by 20%, while the median sale price decreased by 22% from $165,000 to $128,750.
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$159,901
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$163,000
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$192,625
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$196,451
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Median Sale Price for Urbana
Number of Sales for Urbana
Market Trends
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Nearby Golf Courses
100 Country Club Road, Urbana, IL 61801
Par 72 • 72 holes • 6543 yards
Nearby Golf Courses
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Real Estate News
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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
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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 ...
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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 ...
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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 ...
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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 ...
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Real Estate News
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