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Monday, August 4, 2025

Urbana home prices fell in the second quarter of 2021

Webp realestate1

The median sale price of a home sold in the second quarter of 2021 in Urbana fell by $50,950 while total sales increased by 4550%, according to BlockShopper.com.

From April through June of 2021, there were 93 homes sold, with a median sale price of $158,000 - a 24.4% decrease over the $208,950 median sale price for the same period of the previous year. There were two homes sold in Urbana in the second quarter of 2020.

The median sales tax in Urbana for the most recent year with available data, 2019, was $3,285, approximately 2.1% of the median home sale price for the second quarter of 2021.

The following table compares Urbana to other Champaign County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Sidney20-$205,450$0-
Fisher80-$190,500$0-
Philo50-$189,900$0-
Champaign21982637.5%$169,900$136,00024.9%
Ogden30-$160,000$0-
Urbana9324550%$158,000$208,950-24.4%
Gifford51400%$156,000$169,500-8%
Thomasboro40-$148,000$0-
Pesotum10-$138,900$0-
Homer60-$133,450$0-
Rantoul2912800%$84,000$125,000-32.8%

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