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Short Sale Listings in Urbana, OH

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Living in Urbana, OH

Urbana, located in Champaign County, Ohio, is a charming city known for its friendly community and rich history. With a blend of urban amenities and serene natural surroundings, it offers a great quality of life. Residents have access to cozy downtown shops, parks, and a supportive education system.

Current Market Conditions in Urbana, OH

The real estate market in Urbana, OH is currently very strong, characterized by a limited inventory of homes, which has led to increased prices and competitive bidding among buyers. The community's appeal, coupled with its affordability compared to larger urban areas in Ohio, makes it an attractive destination for families and investors alike.

Urbana's real estate market has shown steady growth over the past couple of years. As more individuals seek to move out of larger cities in favor of smaller towns with lower living costs, Urbana’s housing market is expected to continue its upward trend.

Home Value Estimator For Urbana, OH

There are currently 7,664 real estate properties in Urbana, OH, with a median automated valuation model (AVM) price of $231,542.00. 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, OH, 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, OH, is $290,522.00, with the most expensive house in Urbana, OH, topping out at $23,276,164.00 and the cheapest home in Urbana, OH, clocking in at $13,902.00. In other words, there’s something for every potential homebuyer or savvy investor in Urbana, OH!

Rent Prices In Urbana, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Urbana, OH, is on a rollercoaster ride. The average rent price in Urbana, OH, is $1,278.00. Indeed, when looking to rent in Urbana, OH, you can expect to pay as little as $590.00 or as much as $2,280.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Urbana, OH -- 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, OH Short Sale Listings

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