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The median home value in Urbana, IL is $209,974 as of 2026-07-31, up 6.66% from a year earlier.
Median Home Value
$209,974
Year-over-Year
+6.66%
Population
38,204
Urbana ranks #201 of 279 Illinois cities tracked here by median home value, and sits 34.2% below the state's city median of $319,026. It sits in Champaign County, where the county-wide median is $242,111.
Median household income in Urbana is $45,346, so the typical home value is about 4.6× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Urbana police recorded a violent crime rate of 544 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,492 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Urbana, that value is $209,974. That's up 6.66% from a year earlier. It is about 34.2% below the typical Illinois city tracked here.
Homes in Urbana are cheaper than Champaign County as a whole, where the median is $242,111 — a difference of about 13.3%.
Median household income here is $45,346, so the typical home value is about 4.6× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Urbana police reported 544 violent crimes per 100,000 residents, covering a population of about 38,204. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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