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Saturday, August 2, 2025

Urbana home prices fall in September 2018

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The median sale price of a home sold in September 2018 in Urbana fell by $14,000 while total sales decreased by 26.2%, according to BlockShopper.com.

In September 2018, there were 45 homes sold, with a median sale price of $104,000 - a 11.9% decrease over the $118,000 median sale price for the same period of the previous year. There were 61 homes sold in Urbana in September 2017.

The median sales tax in Urbana for the most recent year with available data, 2017, was $3,258, approximately 3.1% of the median home sale price for September 2018.

The following table compares Urbana to other Champaign County cities with similar median sales prices in September 2018:

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Lake of the Woods56-16.7%$170,000$203,500-16.5%
Pesotum220%$152,500$155,500-1.9%
Champaign104148-29.7%$150,000$140,7506.6%
St. Joseph38-62.5%$140,000$142,250-1.6%
Thomasboro16-83.3%$104,000$72,00044.4%
Urbana4561-26.2%$104,000$118,000-11.9%
Gifford330%$82,500$143,000-42.3%
Rantoul151315.4%$63,000$72,900-13.6%
Broadlands13-66.7%$54,100$126,750-57.3%
Homer34-25%$50,000$140,000-64.3%
Ludlow31200%$16,000$163,000-90.2%

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