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Urbana, IL 61802 Real Estate & Property Data

Urbana, IL 61802 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 314 residential properties have been sold over the past 12 months in 61802. With a median sales price of $240,000 in 61802 and a total of 4 foreclosures in Urbana, IL 61802. Discover market trends and get the granular level real estate data for Urbana, IL 61802 to keep your pulse on the housing market. Curate compelling home reports for Urbana, IL 61802 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Urbana, IL 61802 Real Estate Market Trends

Get property data for any address in Urbana, IL 61802 or the country:

Total Residential Properties 5,545

Total Commercial Properties 804

Avg. Home Age (Single Family Home) 48 Years

Avg. Square Feet (Single Family Home) 1,356

Total 2024 Residential Sales (year-to-date) 34

% of Homes Seriously Underwater (Q2 2024) 2.5%

Total 2023 Residential Sales 294

% of Equity Rich Homes (Q2 2024) 33.61%

Effective 2023 Property Tax 2.09%

Total Foreclosure Filings (year-to-date) 5

Urbana, IL 61802 Real Estate Overview

There were 314 residential properties sold in the past year in Urbana, IL 61802. The median home value in Urbana, IL 61802 is $169,726. There are a total of 5,545 residential properties in the 61802.

Median Sales Price i

$240,000

(Feb 2024)

+33.1%

year-over-year

y-o-y

February '24 Feb '24 $240,000
January '24 Jan '24 $137,000
December '23 Dec '23 $162,250
November '23 Nov '23 $220,500
October '23 Oct '23 $145,000
September '23 Sep '23 $120,000
August '23 Aug '23 $162,500
July '23 Jul '23 $231,500
June '23 Jun '23 $239,000
May '23 May '23 $198,000
April '23 Apr '23 $171,000
March '23 Mar '23 $125,000

Median Down Payment i

$9,900

(Feb 2024)

-39.7%

year-over-year

y-o-y

February '24 Feb '24 $9,900
January '24 Jan '24 $23,400
December '23 Dec '23 $21,312
November '23 Nov '23 $25,045
October '23 Oct '23 $13,500
September '23 Sep '23 $27,000
August '23 Aug '23 $17,087
July '23 Jul '23 $24,200
June '23 Jun '23 $18,100
May '23 May '23 $44,000
April '23 Apr '23 $14,500
March '23 Mar '23 $20,625

Number of Homes Sold i

14

(Feb 2024)

-6.7%

year-over-year

y-o-y

February '24 Feb '24 14
January '24 Jan '24 20
December '23 Dec '23 24
November '23 Nov '23 25
October '23 Oct '23 26
September '23 Sep '23 21
August '23 Aug '23 42
July '23 Jul '23 34
June '23 Jun '23 38
May '23 May '23 23
April '23 Apr '23 14
March '23 Mar '23 18

Number of Purchase Loans i

13

(Feb 2024)

+44.4%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 15
December '23 Dec '23 15
November '23 Nov '23 20
October '23 Oct '23 23
September '23 Sep '23 12
August '23 Aug '23 32
July '23 Jul '23 27
June '23 Jun '23 27
May '23 May '23 17
April '23 Apr '23 11
March '23 Mar '23 12

Number of REFI Loans i

6

(Feb 2024)

-90.6%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 4
December '23 Dec '23 5
November '23 Nov '23 7
October '23 Oct '23 9
September '23 Sep '23 12
August '23 Aug '23 14
July '23 Jul '23 7
June '23 Jun '23 4
May '23 May '23 16
April '23 Apr '23 4
March '23 Mar '23 3

Number of HELOC Loans i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 1
December '23 Dec '23 2
November '23 Nov '23 2
October '23 Oct '23 7
September '23 Sep '23 7
August '23 Aug '23 7
July '23 Jul '23 5
June '23 Jun '23 4
May '23 May '23 4
April '23 Apr '23 4
March '23 Mar '23 5

Urbana, IL 61802 Real Estate Market Overview

Last 30 days

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Urbana, IL 61802 Foreclosure Activity

There were a total of 4 Urbana, IL 61802 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

4

(Feb 2024)

+300%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 3
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 2
July '23 Jul '23 2
June '23 Jun '23 1
May '23 May '23 3
April '23 Apr '23 4
March '23 Mar '23 N/A

Foreclosure Starts i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 3
October '23 Oct '23 1
September '23 Sep '23 2
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 3
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Zip Codes

1. 61801

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