Urbana, IL—61802
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$223,000
7.7% YoY Growth
Household Income
$58,600
29.3% YoY Growth
Days on Market
45
2.0% Shorter YoY
Home Price Forecast
1.7%
Median Rent
$1,400
3.4% YoY Growth
1-Bed Rent
$875
5.4% YoY Growth
2-Bed Rent
$1,180
15.5% YoY Growth
3-Bed Rent
$1,500
14.0% YoY Growth
Other Zip Codes in Urbana, IL
Home Price Trends — Urbana, IL
As of May '26, the median home price in Urbana, IL is $223,000, with a year-over-year change of 7.7%. This indicates that home prices in Urbana, IL are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $223,000 | 7.7% |
| Single Family | $227,000 | 7.6% |
| Condos | $199,000 | 8.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |