From October through December of 2020, there were six homes sold, with a median sale price of $222,500 - a 271.2% increase over the $59,947 median sale price for the same period of the previous year. There were three homes sold in Urbana in the fourth quarter of 2019.
The median sales tax in Urbana for the most recent year with available data, 2019, was $3,285, approximately 1.5% of the median home sale price for the fourth quarter of 2020.
The following table compares Urbana to other Champaign County cities in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mahomet | 1 | 4 | -75% | $500,000 | $189,750 | 163.5% |
| Champaign | 6 | 12 | -50% | $236,000 | $173,805 | 35.8% |
| Gifford | 1 | 0 | - | $229,000 | $0 | - |
| Urbana | 6 | 3 | 100% | $222,500 | $59,947 | 271.2% |
| Rantoul | 1 | 1 | 0% | $114,500 | $140,000 | -18.2% |
| Ivesdale | 0 | 0 | - | $0 | $0 | - |
| Penfield | 0 | 0 | - | $0 | $0 | - |
| Philo | 0 | 0 | - | $0 | $0 | - |
| Bondville | 0 | 0 | - | $0 | $0 | - |
| Fisher | 0 | 0 | - | $0 | $0 | - |
| Tolono | 0 | 0 | - | $0 | $0 | - |
| Glover | 0 | 0 | - | $0 | $0 | - |
| Seymour | 0 | 0 | - | $0 | $0 | - |
| Homer | 0 | 0 | - | $0 | $0 | - |
| Thomasboro | 0 | 0 | - | $0 | $0 | - |
| Lake of the Woods | 0 | 0 | - | $0 | $0 | - |
| Royal | 0 | 0 | - | $0 | $0 | - |
| Dewey | 0 | 0 | - | $0 | $0 | - |
| Broadlands | 0 | 0 | - | $0 | $0 | - |
| Sidney | 0 | 0 | - | $0 | $0 | - |
| Savoy | 0 | 0 | - | $0 | $0 | - |
| Foosland | 0 | 0 | - | $0 | $0 | - |
| Ogden | 0 | 0 | - | $0 | $0 | - |
| St. Joseph | 0 | 0 | - | $0 | $0 | - |
| Sadorus | 0 | 0 | - | $0 | $0 | - |
| Pesotum | 0 | 0 | - | $0 | $0 | - |
| Ludlow | 0 | 0 | - | $0 | $0 | - |
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