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Recently Sold Price History in Urbana
Urbana, Illinois, located in Champaign County, is a vibrant city known for its rich history, diverse culture, and prestigious educational institutions. When it comes to real estate, Urbana offers a range of options to suit different budgets and preferences. The sold prices of properties in Urbana vary depending on factors such as location, size, condition, and amenities. In recent years, the real estate market in Urbana has experienced steady growth, with an increase in both the number of properties sold and their average selling prices.
As of the latest data available, the median sold price for homes in Urbana is around $150,000. However, it is important to note that this figure can fluctuate based on market conditions and the specific neighborhood within Urbana. Some of the most sought-after areas in Urbana include the historic East Urbana, the tree-lined streets of the Urbana Country Club neighborhood, and the vibrant downtown district. Whether you are looking for a charming historic home or a modern condominium, Urbana offers a diverse range of real estate options to cater to different tastes and budgets.
About Urbana, Illinois
Urbana is a vibrant city located in Champaign County, Illinois. With a population of approximately 41,000 residents, it is the tenth most populous city in the state. Urbana is situated in the heart of the Midwest, about 140 miles south of Chicago and 120 miles west of Indianapolis. It is part of the Champaign-Urbana metropolitan area, which is home to the University of Illinois at Urbana-Champaign.
As a college town, Urbana has a lively and diverse atmosphere. The presence of the University of Illinois brings a youthful energy to the city, with students from all over the world contributing to its cultural richness. The university also plays a significant role in driving the local economy and fostering innovation through its research and development initiatives.
Urbana boasts a strong sense of community and offers a wide range of amenities and recreational opportunities. The city is home to numerous parks, including Crystal Lake Park, Meadowbrook Park, and the Anita Purves Nature Center, providing residents with ample green spaces to enjoy outdoor activities. Urbana also hosts various festivals and events throughout the year, showcasing its vibrant arts and music scene.
With its central location, Urbana provides easy access to major transportation routes. Interstate 74 runs through the city, connecting it to other major cities in the region. The University of Illinois Willard Airport, located just south of Urbana, offers convenient air travel options for both residents and visitors.
Overall, Urbana is a dynamic city that combines the charm of a college town with the amenities of a larger urban area. Its diverse population, thriving arts scene, and strong community spirit make it an attractive place to live, work, and study.
Urbana average home prices
The average home price in Urbana, Illinois has been steadily increasing over the past few years. According to recent data, the average price of a house in Urbana is around $180,000. This figure takes into account a range of properties, from smaller starter homes to larger, more luxurious houses. It is important to note that this average home price can vary depending on factors such as location, size, and condition of the property.
In addition to the average home price, another important statistic to consider is the average days on market. This refers to the number of days it takes for a house to sell after being listed on the market. In Urbana, the average days on market for houses is currently around 60 days. This indicates a relatively healthy real estate market, where properties are selling within a reasonable timeframe. However, it is worth noting that this number can fluctuate depending on various factors, such as the time of year and overall market conditions.
