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Monday, August 4, 2025

Urbana home prices fall in July 2020

Webp re 8

The median sale price of a home sold in July 2020 in Urbana fell by $41,250 while total sales decreased by 20%, according to BlockShopper.com.

In July 2020, there were four homes sold, with a median sale price of $161,750 - a 20.3% decrease over the $203,000 median sale price for the same period of the previous year. There were five homes sold in Urbana in July 2019.

The median sales tax in Urbana for the most recent year with available data, 2019, was $3,285, approximately 2% of the median home sale price for July 2020.

The following table compares Urbana to other Champaign County cities in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Mahomet40-$305,125$0-
Savoy40-$298,950$0-
Urbana45-20%$161,750$203,000-20.3%
Champaign136116.7%$153,000$111,35037.4%
Gifford110%$55,000$152,000-63.8%
Homer10-$46,000$0-
Ogden00-$0$0-
St. Joseph00-$0$0-
Sadorus00-$0$0-
Pesotum00-$0$0-
Ludlow00-$0$0-
Ivesdale00-$0$0-
Penfield00-$0$0-
Philo00-$0$0-
Bondville00-$0$0-
Fisher00-$0$0-
Tolono00-$0$0-
Glover00-$0$0-
Seymour00-$0$0-
Thomasboro00-$0$0-
Lake of the Woods00-$0$0-
Royal00-$0$0-
Dewey00-$0$0-
Broadlands00-$0$0-
Sidney00-$0$0-
Rantoul00-$0$0-
Foosland00-$0$0-

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