The story of this market
The typical home in ZIP 61802 sells for about $230,000, or $161 per square foot.
Prices are up +8.2% from a year ago, so sellers still have some momentum. Homes take about 59 days to sell. HUD's fair market rent for a two-bedroom is $1,033 a month.
ZIP 61802 — Urbana
The Urbana housing market is showing signs of growth with an 8.2% year-over-year increase in median sale prices. Demand remains steady, though inventory levels and days on market suggest a competitive environment for buyers.
Median prices moved up 8.2% year over year.
Homes spend a median of 59 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 15.6% — a stable, low-distress profile.
ZCTA 61802, Champaign County IL
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.