61802 Home Values & Market Trends

There are 5 homes currently listed for 61802. 61802 real estate market trends show that home prices range from $82,900 to $419,000, and the median sales price in the 61802 zip code is $167,173.94. The total number of properties sold within the past twelve months is 346. In 61802, 15 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

61802 Real Estate Market Overview

CityMedian Est. Value
Urbana

$ 212,557

$ 102/sqft

Housing Market Summary for 61802

Apr 2023March 2024Change
Median Listing Price$159.8K$164.9K3.15%
Median Sold Price$148.5K$164.9K11.01%
Homes For Sale66-
Homes Sold13920043.88%
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 61802

The median list price of a home in Urbana, is $167,173.94. A total of 5 properties are for sale, and the percentage of properties for sale in the zip code is 5.00%. The total count of 61802 properties is 5,588.

Foreclosure
There is 1 cities within 61802; within this cities, the median estimated home value for homes in foreclosure ranges from $279,552 in urbana to the lowest value of $72,563 in urbana. Foreclosure homes account for 0.00% of properties in 61802 with urbana containing 26 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.23% of all residential properties in 61802 with urbana containing 23 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 $259,674 in urbana to the lowest home value of $72,563 in urbana.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61802 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 61802. There is 1 cities within 61802; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    urbana has 3 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 0.04% 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 $279,552 in urbana to the lowest value of $136,718 in urbana.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.09% of residential properties in 61802 with urbana containing 14 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61802; homes for sale in that cities, have a range of median values from $419,000 in urbana to the lowest value of $68,295 in urbana.
    Sold Homes
    The median value for recently sold homes ranges from $793,871 in urbana to the lowest price of $29,808 in urbana. There is 1 cities within 61802. urbana has 375 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.60% of properties in 61802.

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      Guide for 61802

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      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.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes 61802

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