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URBANA, IL 61801

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

Market Overview

Active Listings
37
⇧ 27.6% vs 29 last year
Pending
18
49% pending ratio
Median Price
$282,500
⇩ 1.6% vs $287,000 last year
Average Price
$301,345
⇧ 7.1% vs $281,253 last year
Days on Market
49
⇩ 50.5% vs 99 days last year

Market Context

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

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

Market Analysis

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

The URBANA, IL real estate market (61801) currently shows 37 active listings, with 18 pending sales. Homes are averaging 49 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 49 days on market compared to 99 days last year.

The median listing price has fallen 1.6% year-over-year, from $287,000 to $282,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 29 last year
  • Days on market: 49 now vs 99 last year

Median & Average Pricing

Year over Year
  • Median: $282,500 (-1.6% YoY)
  • Average: $301,345 (+7.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.7 miles — 238 listings ($69,414,126 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61801Urbana, IL 618010.0 mi37$11,149,765$282,500$301,345
61821Champaign, IL 618213.4 mi78$20,122,752$190,000$257,984
61874Savoy, IL 618744.8 mi12$5,980,632$490,000$498,386
61873Saint Joseph, IL 618739.4 mi14$3,362,996$240,000$240,214
61878Thomasboro, IL 618789.6 mi4$612,720$147,000$153,180
61877Sidney, IL 6187710.6 mi5$1,174,500$234,900$234,900
61853Mahomet, IL 6185313.3 mi43$18,733,896$364,900$435,672
61859Ogden, IL 6185913.5 mi3$988,500$329,500$329,500
61866Rantoul, IL 6186614.2 mi25$3,628,475$137,200$145,139
61849Homer, IL 6184914.9 mi4$945,000$236,250$236,250
61851Ivesdale, IL 6185115.5 mi3$642,750$214,250$214,250
61816Broadlands, IL 6181616.9 mi1$38,500$38,500$38,500
61854Mansfield, IL 6185417.7 mi9$2,033,640$210,000$225,960

Frequently Asked Questions

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

As of January 2026, there are 37 active listings in URBANA, IL (zip code 61801), compared to 29 the prior year.

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

The median listing price in URBANA, IL 61801 is $282,500 as of January 2026, a 1.6% decrease from $287,000 the prior year.

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

Homes in URBANA, IL 61801 spend an average of 49 days on the market before going under contract, compared to 99 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 January 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 49 days on market compared to 99 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 $5,650 compared to a typical 5% commission on the median listing price of $282,500. 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.