Ursa, IL Foreclosures
Current Market Conditions in in Ursa, IL As of March 2026?
Over the past month, Ursa's real estate market has seen a slight uptick in activity, highlighted by a few more listings hitting the market and increased inquiries from potential buyers. Homes continue to sell at a steady pace, with the inventory remaining relatively low. Overall, the market maintains a healthy balance of demand and supply, which is expected to continue in the coming months.
How much do homes sell for in Ursa, IL?
The average home price is currently $167,962.
In Ursa, IL, how many homes are available?
There are currently 5 active home listings available in Ursa.
What’s the average rental cost in Ursa, IL?
The average rental price in Ursa is $1,098.
What is the most expensive home in Ursa?
The most expensive home sold in Ursa had a price of $911,995.
What is currently the cheapest priced home in Ursa, IL?
The cheapest home for sale in Ursa is priced at $11,416.
Living in Ursa, IL
Ursa is a small, charming village located in Adams County, Illinois. Known for its peaceful rural setting, it offers residents a close-knit community feel. The village is surrounded by lush landscapes, perfect for outdoor enthusiasts looking to explore nature and engage in recreational activities.
Buyer vs Seller Market in Ursa, IL
The real estate market in Ursa, IL, is stable and shows signs of gradual growth, as properties tend to maintain their value due to the village's appealing rural lifestyle. The demand for homes in this area has incrementally increased, thanks in part to families and individuals seeking affordable housing options in quieter locations.
Recent trends indicate that while the prices of homes remain relatively low compared to urban settings, they are rising slowly, reflecting the area’s increasing attractiveness. Buyers can find a mix of traditional homes, newer builds, and rural properties within the region.
Home Value Estimator For Ursa, IL
There are currently 436 real estate properties
in Ursa, IL,
with a median automated valuation model (AVM) price
of $144,650.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ursa, 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 Ursa, IL,
is $167,962.00, with the most expensive house
in Ursa, IL, topping out
at $911,995.00 and the cheapest home
in Ursa, IL,
clocking in at $11,416.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ursa, IL!
Rent Prices
In Ursa, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ursa, IL, is on
a rollercoaster ride. The
average rent price in Ursa, IL,
is $1,098.00. Indeed, when looking to rent in
Ursa, IL, you can expect to pay as little
as $570.00 or as much
as $1,880.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Ursa, 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.
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