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Saturday, November 23, 2024

Urbana home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Urbana rose by $70,550 while total sales decreased by 93.1%, according to BlockShopper.com.

In July 2019, there were five homes sold, with a median sale price of $203,000 - a 53.3% increase over the $132,450 median sale price for the same period of the previous year. There were 72 homes sold in Urbana in July 2018.

The median sales tax in Urbana for the most recent year with available data, 2018, was $3,190, approximately 1.6% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Urbana572-93.1%$203,000$132,45053.3%
Gifford14-75%$152,000$157,500-3.5%
Champaign6160-96.3%$111,350$148,250-24.9%
Bondville00-$0$0-
Fisher02-100%$0$113,500-100%
Tolono06-100%$0$163,875-100%
Glover00-$0$0-
Seymour00-$0$0-
Homer03-100%$0$30,000-100%
Thomasboro00-$0$0-
Lake of the Woods06-100%$0$211,500-100%
Royal00-$0$0-
Dewey00-$0$0-
Broadlands01-100%$0$200,000-100%
Sidney02-100%$0$99,000-100%
Rantoul023-100%$0$56,000-100%
Savoy023-100%$0$255,000-100%
Foosland02-100%$0$178,350-100%
Ogden00-$0$0-
St. Joseph08-100%$0$187,000-100%
Sadorus00-$0$0-
Mahomet037-100%$0$239,900-100%
Pesotum02-100%$0$106,000-100%
Ludlow01-100%$0$6,000-100%
Ivesdale01-100%$0$87,000-100%
Penfield01-100%$0$33,000-100%
Philo02-100%$0$221,750-100%

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