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Saturday, August 2, 2025

January 2022: Home prices in Urbana fell

Webp realestate1

The median sale price of a home sold in January 2022 in Urbana fell by $6,000 while total sales increased by 183.3%, according to BlockShopper.com.

In January 2022, there were 17 homes sold, with a median sale price of $173,000 - a 3.4% decrease over the $179,000 median sale price for the same period of the previous year. There were six homes sold in Urbana in January 2021.

The median sales tax in Urbana for the most recent year with available data, 2019, was $3,285, approximately 1.9% of the median home sale price for January 2022.

The following table compares Urbana to other Champaign County cities in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Savoy51400%$320,000$257,00024.5%
Mahomet61500%$297,550$113,500162.2%
Glover110%$258,000$192,00034.4%
Lake of the Woods12-50%$228,000$136,20067.4%
Urbana176183.3%$173,000$179,000-3.4%
Champaign4319126.3%$149,000$151,500-1.7%
Fisher20-$111,250$0-
Rantoul102400%$71,000$59,50019.3%
Thomasboro10-$36,509$0-
Foosland00-$0$0-
Gifford00-$0$0-
Ogden01-100%$0$162,000-100%
St. Joseph00-$0$0-
Sadorus00-$0$0-
Pesotum00-$0$0-
Ludlow00-$0$0-
Ivesdale00-$0$0-
Penfield01-100%$0$107,925-100%
Philo01-100%$0$80,000-100%
Bondville00-$0$0-
Tolono00-$0$0-
Seymour00-$0$0-
Homer00-$0$0-
Royal00-$0$0-
Dewey00-$0$0-
Broadlands00-$0$0-
Sidney00-$0$0-

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