61802 Home Values & Market Trends
There are 170 homes currently listed for 61802. 61802 real estate market trends show that home prices range from $100,000 to $675,000, and the median sales price in the 61802 zip code is $253,091. The total number of properties sold within the past twelve months is 249. In 61802, 19 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
61802 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Urbana | $ 250,455 $ 173/sqft |
Housing Market Summary for 61802
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $247.5K | $275K | 11.11% |
| Median Sold Price | $194.9K | $226.4K | 16.11% |
| Homes For Sale | 107 | 169 | 57.94% |
| Homes Sold | 163 | 97 | -40.49% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 61802
Browse Homes in 61802
The median list price of a home in Urbana, is $253,091. A total of 170 properties are for sale, and the percentage of properties for sale in the zip code is 170.00%. The total count of 61802 properties is 294.
- Pre-ForeclosurePre-foreclosure homes account for 5.78% of all residential properties in 61802 with urbana containing 25 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61802; of that cities, the estimated home value for pre-foreclosure homes ranges from $464,294 in urbana to the lowest home value of $83,529 in urbana.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 61802 ranges from the highest value of $298,721 in urbana to the lowest value of $298,721 in urbana. Bank owned homes and properties account for 0.34% of properties in 61802. There is 1 cities within 61802; urbana containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsurbana has 4 auction properties, the highest number of properties going to auction in a single city in the state of 61802. Auction homes and other auction properties account for 0.34% of all properties in 61802. There is 1 cities within 61802; of that cities, the median estimated home value for homes going to auction ranges from $272,228 in urbana to the lowest value of $151,506 in urbana.
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Guide for 61802
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
