61801 Home Values & Market Trends

There are 6 homes currently listed for 61801. 61801 real estate market trends show that home prices range from $97,000 to $359,900, and the median sales price in the 61801 zip code is $164,800.19. The total number of properties sold within the past twelve months is 415. In 61801, 12 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

61801 Real Estate Market Overview

CityMedian Est. Value
Urbana

$ 230,881

$ 110/sqft

Housing Market Summary for 61801

Mar 2023February 2024Change
Median Listing Price$214K$163.4K-23.66%
Median Sold Price$158.1K$163.4K3.35%
Homes For Sale74-42.86%
Homes Sold1701816.47%
Price
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Homes For Sale
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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%.

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Browse Homes in 61801

The median list price of a home in Urbana, is $164,800.19. A total of 6 properties are for sale, and the percentage of properties for sale in the zip code is 6.00%. The total count of 61801 properties is 6,000.

Foreclosure
There is 1 cities within 61801; within this cities, the median estimated home value for homes in foreclosure ranges from $401,091 in urbana to the lowest value of $47,500 in urbana. Foreclosure homes account for 0.00% of properties in 61801 with urbana containing 32 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.18% of all residential properties in 61801 with urbana containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61801; of that cities, the estimated home value for pre-foreclosure homes ranges from $263,198 in urbana to the lowest home value of $65,850 in urbana.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61801 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 61801. There is 1 cities within 61801; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    urbana has 4 auction properties, the highest number of properties going to auction in a single city in the state of 61801. Auction homes and other auction properties account for 0.02% of all properties in 61801. There is 1 cities within 61801; of that cities, the median estimated home value for homes going to auction ranges from $401,091 in urbana to the lowest value of $164,164 in urbana.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.10% of residential properties in 61801 with urbana containing 12 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61801; homes for sale in that cities, have a range of median values from $419,000 in urbana to the lowest value of $42,500 in urbana.
    Sold Homes
    The median value for recently sold homes ranges from $798,917 in urbana to the lowest price of $29,742 in urbana. There is 1 cities within 61801. urbana has 375 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.83% of properties in 61801.

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      Guide for 61801

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports
      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      Recently Listed Homes 61801

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