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Thursday, April 25, 2024

Urbana home prices rise in May 2019

Realestate5

The median sale price of a home sold in May 2019 in Urbana rose by $32,150 while total sales decreased by 92.9%, according to BlockShopper.com.

In May 2019, there were three homes sold, with a median sale price of $179,900 - a 21.8% increase over the $147,750 median sale price for the same period of the previous year. There were 42 homes sold in Urbana in May 2018.

The median sales tax in Urbana for the most recent year with available data, 2017, was $3,258, approximately 1.8% of the median home sale price for May 2019.

The following table compares Urbana to other Champaign County cities in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Lake of the Woods14-75%$203,000$231,250-12.2%
Urbana342-92.9%$179,900$147,75021.8%
Champaign5125-96%$142,000$144,000-1.4%
Mahomet117-94.1%$130,000$255,500-49.1%
Ludlow00-$0$0-
Ivesdale01-100%$0$89,000-100%
Penfield01-100%$0$33,000-100%
Philo00-$0$0-
Bondville00-$0$0-
Fisher07-100%$0$120,000-100%
Tolono09-100%$0$234,000-100%
Glover00-$0$0-
Seymour00-$0$0-
Homer03-100%$0$131,500-100%
Thomasboro01-100%$0$149,500-100%
Royal01-100%$0$92,500-100%
Dewey01-100%$0$164,900-100%
Broadlands01-100%$0$20,000-100%
Sidney01-100%$0$183,000-100%
Rantoul010-100%$0$73,000-100%
Savoy015-100%$0$232,500-100%
Foosland00-$0$0-
Gifford02-100%$0$138,200-100%
Ogden00-$0$0-
St. Joseph012-100%$0$182,450-100%
Sadorus01-100%$0$68,000-100%
Pesotum01-100%$0$63,000-100%

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