Foreclosure Homes in Urbana, OH

Current Market Conditions in Urbana, OH

The Urbana real estate market is currently experiencing a steady demand for single-family homes, particularly among first-time buyers and families looking for affordable options. The average home price has seen moderate increases, reflecting the area's growing appeal, with new developments contributing to the inventory of available properties.

As of late 2023, property values in Urbana have appreciated by around 5% over the past year, indicating a healthy market environment. This trend is expected to continue as the local economy grows and more people seek to relocate to this inviting community.

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.