Call or Text (240) SELL-123
City / Town Overview

Urbana, IL

Aggregate real estate market report across all ZIPs in scope
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Urbana, IL real estate market currently shows 116 active listings, with 60 pending sales. Homes are averaging 41.6 days on the market before going under contract.

Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.

Homes are selling faster, averaging 41.6 days on market compared to 63.9 days last year.

The median listing price has fallen 5.1% year-over-year, from $303,043 to $287,480.

Whether you are buying or selling in Urbana, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Urbana, IL and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 47,687  ·  Density: 1,210.8/mi²  ·  Median household income: $43,118

Typical home value: $165,984  ·  Homeownership: 39.1%

Included Areas

Urbana: 61801, 61802

West Urbana: 61803

Area Map

Market Overview

Active Listings
116
⇧ 27.5% vs 91 last year
Pending
60
52% pending ratio
Median Price
$287,480
⇩ 5.1% vs $303,043 last year
Average Price
$343,955
⇧ 3.9% vs $330,926 last year
Days on Market
41.6
⇩ 34.9% vs 64 days last year

Price Per Square Foot

Median $/sqft
$180
⇧ 9.4% vs $164/sqft last year
Median Home Size
1,741 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %