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City / Town Overview

Urbana, IL

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

Market Analysis

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

The Urbana, IL real estate market currently shows 133 active listings, with 38 pending sales. Homes are averaging 48.3 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 48.3 days on market compared to 40.1 days last year.

The median listing price has risen 4.1% year-over-year, from $271,075 to $282,244.

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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
133
⇧ 9.9% vs 121 last year
Pending
38
29% pending ratio
Median Price
$282,244
⇧ 4.1% vs $271,075 last year
Average Price
$324,659
⇧ 5.7% vs $307,244 last year
Days on Market
48.3
⇧ 20.4% vs 40 days last year

Price Per Square Foot

Median $/sqft
$171
⇧ 1.1% vs $169/sqft last year
Median Home Size
1,691 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 %