Median price
for residential houses
in Urbana, IL
as of May, 2023.
Take into account that the price depends on the location and condition of the house. The size and amenities might have a large influence on the asking price as well.
House Size |
May | vs Last Month |
---|---|---|
2-bed houses | $123,000 | -23.1% |
3-bed houses | $241,484 | -16.8% |
4+ bed houses | $304,940 | +29.6% |
Over the May 2023, the average asking price for a single-family house in/near Urbana, IL decreased by 8.2% to $229,521.
The average price for a 1-bed house didn’t show significant fluctuations this month, so you can now purchase one for $59,900. The price for a 2-bed house dropped by an average 23.1%, it is now on the market for $123,000. The average price for 3-bed house reduced by 16.8% producing the price of $241,484. The median price for 4- and more bed house increased by 29.6% making it obtainable for $304,940.