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URBANA, IL 61801

Real Estate Market Report  ·  Champaign County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The URBANA, IL real estate market (61801) currently shows 41 active listings, with 19 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 41 days on market compared to 76 days last year.

The median listing price has risen 2.8% year-over-year, from $269,900 to $277,475.

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: 27,965  ·  Density: 1,999.3/mi²  ·  Median household income: $35,266

Typical home value: $173,080  ·  Homeownership: 29.1%

Market Overview

Active Listings
41
⇧ 24.2% vs 33 last year
Pending
19
46% pending ratio
Median Price
$277,475
⇧ 2.8% vs $269,900 last year
Average Price
$309,823
⇧ 13.8% vs $272,235 last year
Days on Market
41
⇩ 46.1% vs 76 days last year

Price Per Square Foot

Median $/sqft
$163
⇧ 7.9% vs $151/sqft last year
Median Home Size
1,803 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 41 this year vs 33 last year
  • Days on market: 41 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $277,475 (+2.8% YoY)
  • Average: $309,823 (+13.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.7 miles — 224 listings ($69,166,072 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61801Urbana, IL 618010.0 mi35$10,752,455$287,725$307,213
61821Champaign, IL 618213.4 mi76$20,516,960$202,950$269,960
61874Savoy, IL 618744.8 mi17$8,884,370$549,900$522,610
61873Saint Joseph, IL 618739.4 mi9$2,707,128$288,725$300,792
61878Thomasboro, IL 618789.6 mi4$522,576$129,900$130,644
61877Sidney, IL 6187710.6 mi4$857,268$210,850$214,317
61853Mahomet, IL 6185313.3 mi43$18,065,590$419,950$420,130
61859Ogden, IL 6185913.5 mi2$742,600$454,900$371,300
61866Rantoul, IL 6186614.2 mi21$3,107,895$139,925$147,995
61849Homer, IL 6184914.9 mi4$684,532$139,500$171,133
61851Ivesdale, IL 6185115.5 mi2$510,000$255,000$255,000
61816Broadlands, IL 6181616.9 mi1$34,900$34,900$34,900
61854Mansfield, IL 6185417.7 mi6$1,779,798$289,950$296,633

Frequently Asked Questions

How many homes are for sale in URBANA, IL 61801?

As of March 2026, there are 41 active listings in URBANA, IL (zip code 61801), compared to 33 the prior year.

What is the median home price in URBANA, IL 61801?

The median listing price in URBANA, IL 61801 is $277,475 as of March 2026, a 2.8% increase from $269,900 the prior year.

How long do homes stay on the market in URBANA, IL?

Homes in URBANA, IL 61801 spend an average of 41 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in URBANA, IL 61801?

Based on current inventory and days-on-market data as of March 2026, URBANA, IL 61801 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 41 days on market compared to 76 days last year.

How much can I save on real estate commission in URBANA, IL?

With SELL123.com's maximum 3% commission, sellers in URBANA, IL 61801 save an estimated $5,550 compared to a typical 5% commission on the median listing price of $277,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.