From July to September, 181 homes sold in Urbana for a median price of $127,000. That's 2.6 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Urbana.
Median property tax for homeowners in Urbana was $3,575.65 in 2017 according to tax data from that year. That means homeowners pay 2.9 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
219
$135,720
-
2010
148
$122,493
-9.7%
2011
139
$141,250
15.3%
2012
199
$124,260
-12%
2013
217
$135,000
8.6%
2014
207
$132,500
-1.9%
2015
229
$137,800
4%
2016
187
$120,750
-12.4%
2017
228
$123,777
2.5%
2018
181
$127,000
2.6%
Median property tax
Median sale price
Effective property tax rate
2009
$3,010.59
$135,720
2.2%
2010
$3,076.65
$122,493
2.5%
2011
$3,465.84
$141,250
2.5%
2012
$3,088.60
$124,260
2.5%
2013
$3,684.70
$135,000
2.7%
2014
$3,873.62
$132,500
2.9%
2015
$4,091.47
$137,800
3%
2016
$3,574.62
$120,750
3%
2017
$3,575.65
$123,777
2.9%
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