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Sunday, August 3, 2025

Urbana home prices fell in December 2021

Webp realestate077

The median sale price of a home sold in December 2021 in Urbana fell by $8,000 while total sales increased by 1700%, according to BlockShopper.com.

In December 2021, there were 36 homes sold, with a median sale price of $167,500 - a 4.6% decrease over the $175,500 median sale price for the same period of the previous year. There were two homes sold in Urbana in December 2020.

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 December 2021.

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

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Savoy50-$267,000$0-
Mahomet170-$225,000$0-
St. Joseph20-$207,450$0-
Urbana3621700%$167,500$175,500-4.6%
Champaign6523150%$165,000$188,350-12.4%
Lake of the Woods10-$160,000$0-
Ogden20-$142,950$0-
Tolono30-$139,000$0-
Thomasboro30-$138,000$0-
Philo20-$122,500$0-
Rantoul30-$99,900$0-

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