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Sunday, August 3, 2025

Urbana home prices fell in October 2021

Webp realestate4

The median sale price of a home sold in October 2021 in Urbana fell by $31,669 while total sales increased by 2000%, according to BlockShopper.com.

In October 2021, there were 42 homes sold, with a median sale price of $132,457 - a 19.3% decrease over the $164,125 median sale price for the same period of the previous year. There were two homes sold in Urbana in October 2020.

The median sales tax in Urbana for the most recent year with available data, 2019, was $3,285, approximately 2.5% of the median home sale price for October 2021.

The following table compares Urbana to other Champaign County cities with similar median sale prices in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Savoy50-$272,000$0-
Lake of the Woods40-$235,000$0-
Gifford10-$205,900$0-
St. Joseph80-$201,950$0-
Champaign7032233.3%$173,450$325,000-46.6%
Urbana4222000%$132,456.50$164,125-19.3%
Pesotum10-$122,000$0-
Sidney10-$107,500$0-
Fisher10-$105,000$0-
Rantoul1711600%$92,000$114,500-19.7%
Homer30-$87,000$0-

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