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City / Town Overview

Urbana, IL

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The Urbana, IL real estate market currently shows 142 active listings, with 65 pending sales. Homes are averaging 47.5 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 47.5 days on market compared to 36.5 days last year.

The median listing price has risen 24.3% year-over-year, from $264,368 to $328,650.

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.

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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, 61803

Area Map

Market Overview

Active Listings
142
⇧ 15.4% vs 123 last year
Pending
65
46% pending ratio
Median Price
$328,650
⇧ 24.3% vs $264,368 last year
Average Price
$364,842
⇧ 22.5% vs $297,863 last year
Days on Market
47.5
⇧ 30.1% vs 37 days last year

Price Per Square Foot

Median $/sqft
$176
⇧ 8.7% vs $162/sqft last year
Median Home Size
1,733 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 %