From April to June, 156 homes sold in Urbana for a median price of $148,250. That's 26.4 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Urbana.
Median property tax for homeowners in Urbana was $3,570.74 in 2017 according to tax data from that year. That means homeowners pay 3 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Urbana real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
183
$156,195
-
2010
182
$136,800
-12.4%
2011
140
$128,538
-6%
2012
138
$130,255
1.3%
2013
161
$132,894
2%
2014
204
$128,854
-3%
2015
222
$135,680
5.3%
2016
247
$120,750
-11%
2017
241
$117,300
-2.9%
2018
156
$148,250
26.4%
Median property tax
Median sale price
Effective property tax rate
2009
$3,278.97
$156,195
2.1%
2010
$3,477.47
$136,800
2.5%
2011
$3,233.42
$128,538
2.5%
2012
$3,215.88
$130,255
2.5%
2013
$3,600.74
$132,894
2.7%
2014
$3,700.89
$128,854
2.9%
2015
$3,844.57
$135,680
2.8%
2016
$3,497.99
$120,750
2.9%
2017
$3,570.74
$117,300
3%
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