House Prices

House Prices & Home Values Urbana, IL 2026


Average Data

average house price$156,913
average size per house1336 ft²
average price per ft²118 $ / ft²

04/17/2026 - The value range (VR) for house prices in Urbana, IL is $73/ sqft to $145/ sqft. An average home with 1336 sqft costs approximately $97,528 to $193,720. Urbana, IL includes 2 ZIP codes and it is located in Champaign county. The lowest prices are found in ZIP 61802, while the highest are in ZIP 61801. The average price per sqare feet is $118. Our analysis is based on 22 property listings.

Avergage prices by ZIP codes Urbana

61801135 $ / ft²
6180272 $ / ft²




Historical development of home values in Urbana

Year Estimated value (USD) Change vs. 2025
2010 $72,873 -53.6%
2011 $70,055 -55.4%
2012 $69,867 -55.5%
2013 $72,478 -53.8%
2014 $76,082 -51.5%
2015 $79,987 -49.0%
2016 $84,161 -46.4%
2017 $88,704 -43.5%
2018 $93,608 -40.3%
2019 $97,948 -37.6%
2020 $103,011 -34.4%
2021 $117,164 -25.3%
2022 $136,587 -13.0%
2023 $144,038 -8.2%
2024 $152,370 -2.9%
2025 $156,913 0.0%

Graph: estimated home values in Urbana over time (USD)



Example: 100% financing house in Urbana

Loan amount: $156,913

Interest rate: 6.00%

Fixed monthly payment: $940.77

Breakdown in the 1st month:
Interest portion: $784.57  –  Principal portion: $156.21

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,362.36 $1,926.91 $154,986.09
2 $9,243.51 $2,045.76 $152,940.33
3 $9,117.34 $2,171.94 $150,768.40
4 $8,983.38 $2,305.90 $148,462.50
5 $8,841.15 $2,448.12 $146,014.38
6 $8,690.16 $2,599.11 $143,415.27
7 $8,529.85 $2,759.42 $140,655.85
8 $8,359.66 $2,929.62 $137,726.23
9 $8,178.96 $3,110.31 $134,615.93
10 $7,987.13 $3,302.14 $131,313.78
11 $7,783.46 $3,505.81 $127,807.97
12 $7,567.23 $3,722.04 $124,085.92
13 $7,337.66 $3,951.61 $120,134.31
14 $7,093.93 $4,195.34 $115,938.97
15 $6,835.17 $4,454.10 $111,484.87
16 $6,560.46 $4,728.82 $106,756.06
17 $6,268.79 $5,020.48 $101,735.58
18 $5,959.14 $5,330.13 $96,405.44
19 $5,630.39 $5,658.88 $90,746.56
20 $5,281.36 $6,007.91 $84,738.65
21 $4,910.81 $6,378.47 $78,360.18
22 $4,517.40 $6,771.88 $71,588.31
23 $4,099.72 $7,189.55 $64,398.75
24 $3,656.29 $7,632.99 $56,765.77
25 $3,185.50 $8,103.77 $48,662.00
26 $2,685.68 $8,603.60 $40,058.40
27 $2,155.03 $9,134.25 $30,924.16
28 $1,591.65 $9,697.63 $21,226.53
29 $993.52 $10,295.75 $10,930.77
30 $358.50 $10,930.77 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Urbana, IL


1500 sqft3900 sqft
Ø selling price$214,171$455,599
Ø fast selling$194,701$410,039
Ø high price sale$233,641$501,158

In 2026, houses in Urbana, IL will be offered at an average price of $118 per square foot. A 1,500 sqft home priced at $214,171 is 21.39% more expensive per square foot than a 3,900 sqft home priced at $455,599. Home prices in Urbana, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $315,414. Sellers who can wait longer may achieve a higher price of up to $385,507.


Discover Urbana, IL

Education and Innovation

Located in the heart of Champaign?Urbana, Urbana, IL blends small?town charm with big?city amenities.
The city anchors a thriving knowledge economy fueled by the University of Illinois and its world?class research facilities.

Arts and Culture

Visitors and residents enjoy a walkable, historic downtown filled with galleries, bookstores, and locally owned cafes.
The celebrated Krannert Center for the Performing Arts and community festivals keep the arts scene vibrant year?round.

Food and Outdoors

Food lovers flock to the popular Urbana Farmers Market, craft breweries, and farm?to?table restaurants.
Expansive green spaces like Crystal Lake Park and Meadowbrook Park offer trails, gardens, and family?friendly events.

Business and Living

Tech startups, research labs, and co?working hubs make Urbana an attractive base for entrepreneurs and remote workers.
Affordable housing, strong public schools, and bike?friendly streets enhance quality of life for students and professionals alike.
Convenient access to Amtrak, regional highways, and nearby Willard Airport connects Urbana to Chicago, St. Louis, and beyond.
Whether you?re planning a visit or a move, Urbana, Illinois delivers a welcoming community with innovation, culture, and nature at your doorstep.



FAQ – Home Values in Urbana

What is the median home value in Urbana in 2026?

In 2026, the typical home value in Urbana is about $156,913 for an average home size of 1336 square feet. This corresponds to an average price of roughly $118 per square foot.

What is the average cost per square foot in Urbana?

In 2026, homes in Urbana sell for an average of around $118 per square foot, with a typical range between $73 and $145 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Urbana is about 1336 square feet, with an estimated 2026 value around $156,913.



Locations close to Urbana, IL

Allerton, IL129 $ / ft²
Alvin, IL150 $ / ft²
Armstrong, IL139 $ / ft²
Waynesville, IL121 $ / ft²
Wapella, IL126 $ / ft²
Towanda, IL84 $ / ft²
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