foreclosure.com

Foreclosure Homes in Urbana, IL 61801

Search within map
Price
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 10 of 463
More real estate for sale
Other cities with foreclosures
Zip codes

Urbana, IL Foreclosures

How much do homes sell for in Urbana, IL?
The average home price is currently $244,819.
In Urbana, IL, how many homes are available?
There are currently 463 active home listings available in Urbana.
What’s the average rental cost in Urbana, IL?
The average rental price in Urbana is $1,387.
What is the most expensive home in Urbana?
The most expensive home sold in Urbana had a price of $21,151,590.
What is currently the cheapest priced home in Urbana, IL?
The cheapest home for sale in Urbana is priced at $12,085.

Living in Urbana, IL

Urbana, IL, is a charming city known for its vibrant culture and strong sense of community. With the presence of the University of Illinois, residents enjoy a rich assortment of amenities and outdoor activities. The city's diverse neighborhoods and engaging recreational options make it an ideal location for both living and investing.

Current Market Conditions in Urbana, IL

The real estate market in Urbana is experiencing steady growth, with increasing demand for both rental properties and single-family homes. The university's presence ensures a consistent flow of students and faculty seeking housing, contributing to a strong rental market.

Property values have shown resilience, with several new developments and renovations enhancing the area's appeal. Investors are keen on local properties due to the relatively low cost of entry compared to larger urban areas, along with the promise of stable rental yields.

Home Value Estimator For Urbana, IL

There are currently 12,098 real estate properties in Urbana, IL, with a median automated valuation model (AVM) price of $190,330.00. 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 $244,819.00, with the most expensive house in Urbana, IL, topping out at $21,151,590.00 and the cheapest home in Urbana, IL, clocking in at $12,085.00. 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 $1,387.00. 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 61801 Foreclosures

Market Trend for Urbana, IL

Total Listings Available: 463

Market Values:

Home Prices from $12,085 to $21,151,590

Average Sales Price: $244,819

Rental Values:

Rental from $590 to $4,120

Average Rent Value: $1,387 / month

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2025. All Rights Reserved.