Zip 61801 (Urbana, IL) Housing

Housing in 61801 Urbana, IL is a great option for prospective home buyers. The median value of housing in the area is $155,300, which is significantly lower than the US median house value of $338,100. Additionally, the 1-year appreciation rate for houses in the area has been 8.72% which is higher than the national rate of 8.27%. This makes investing in Urbana housing a sound choice for those looking to get into real estate investing. With its reasonable prices and high appreciation rates, 61801 Urbana, IL is a great place to look for housing options that offer excellent returns on investment.

The median home cost in Urbana (zip 61801) is $155,300. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Urbana (zip 61801) is up 14.5%.

Average Age of Homes

- The median age of Urbana (zip 61801) real estate is 47 years old

The Rental Market in Urbana (zip 61801)

- Renters make up 59.8% of the Urbana (zip 61801) population
- 9.3% of houses and apartments in Urbana (zip 61801), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Urbana, Illinois	United States
	12,946.0	139,647,020.0
	47	42
	$155,300	$338,100
	14.5%	16.6%
	36.1%	57.0%
	46.3%	101.1%
	$26.12	$10.98
	$3,814	$2,690
	26.0%	57.4%
	15.5%	11.2%
	58.5%	31.4%
Vacant Housing
	9.3%	1.9%
	2.9%	0.4%
	0.3%	0.7%
	0.2%	0.4%
	0.5%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.7%	2.4%
	3.3%	2.8%
	8.2%	3.9%
	11.2%	4.5%
	27.8%	11.3%
	20.4%	13.0%
	18.6%	20.1%
	5.4%	13.6%
	1.3%	8.3%
	1.4%	9.7%
	0.3%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.3%	13.6%
	12.3%	13.6%
	12.1%	13.6%
	10.3%	13.2%
	11.9%	14.8%
	12.1%	13.6%
	11.2%	10.0%
	6.2%	4.7%
	13.9%	12.2%