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Foreclosure Homes in Urbana, IL

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Urbana, IL Foreclosures

Current Market Conditions in Urbana, IL as of June 2026?
Home values: +1.60% MoM; rent: +0.00% MoM.
How much do homes sell for in Urbana, IL?
The average home price is currently $255,586.
In Urbana, IL, how many homes are available?
There are currently 2 active home listings available in Urbana.
What’s the average rental cost in Urbana, IL?
The average rental price in Urbana is $1,388.
What is the most expensive home in Urbana?
The most expensive home sold in Urbana had a price of $21,892,821.
What is currently the cheapest priced home in Urbana, IL?
The cheapest home for sale in Urbana is priced at $10,294.

Living in Urbana, IL

Urbana, Illinois offers university-driven demand, established neighborhoods, strong transit, and access to parks, healthcare, and Champaign-Urbana employment centers.

Buyer vs Seller Market in Urbana, IL

Median home value: $197,620 as of 2026-05-14.

Median rent: $1,290 as of 2026-05-14.

Home values: +1.60% MoM, +7.08% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Urbana, IL

There are currently 12,340 real estate properties in Urbana, IL, with a median automated valuation model (AVM) price of $197,620.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Urbana, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Urbana, IL, is $255,586.00, with the most expensive house in Urbana, IL, topping out at $21,892,821.00 and the cheapest home in Urbana, IL, clocking in at $10,294.00. In other words, there’s something for every potential homebuyer or savvy investor in Urbana, IL!

Rent Prices In Urbana, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Urbana, IL, is on a rollercoaster ride. The average rent price in Urbana, IL, is $1,388.00. Indeed, when looking to rent in Urbana, IL, you can expect to pay as little as $590.00 or as much as $4,120.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Urbana, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Urbana, IL Foreclosures

Market Trend for Urbana, IL

Total Listings Available: 2

Market Values:

Home Prices from $10,294 to $21,892,821

Average Sales Price: $255,586

Rental Values:

Rental from $590 to $4,120

Average Rent Value: $1,388 / month

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