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Featured local agent — Urbana, IA
Sarah Mitchell
Compass Real Estate · Urbana, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Urbana, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$282,500median sale price
How is the Urbana, IA housing market right now?
The median home sale price in Urbana, IA is $282,500, up 52.7% year-over-year. Homes sell in an average of 15 days with 7 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Urbana a buyer's or seller's market?
Urbana, IA is currently a seller's market, based on 1.8 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
15
Fast-moving
Active listings
7
1.8 months supply
Sale-to-list
97.5%
Below asking
What does the Urbana housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $282,500 |
| Median list price | $263,925 |
| Year-over-year price change | +52.7% |
| Average days on market | 15 days |
| Active inventory | 7 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 97.5% |
| Median price per sq ft | $141/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 4 |
| Listings with a price cut | 42.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Urbana by property type?
How the Urbana, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $282,500 | $141/sq ft | 4 | 15 days |
| Condo / Co-op | $266,000 | $190/sq ft | 1 | 560 days |
Source: Redfin · Updated monthly
The Urbana housing market is currently classified as a seller's market with a median sale price of $282,500. Prices have risen 52.7% compared to last year, with homes spending an average of 15 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.4x provides context for how home values compare to local earning capacity.
Homes for sale in Urbana
There are currently 7 homes listed for sale in Urbana, Iowa. The median listing price is $264K.
Active listings
7
Homes on market
Median list price
$264K
Avg. days on market
15
Days until sale
New this week
4
Newly listed
Who lives in Urbana?
Population
1,628
Median income
$112,672/yr
Median age
31.3 years
Owner-occupied
93.3%
College grads
28.8%
Avg commute
27.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Urbana?
Zillow home value
$265,765
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in Urbana?
Urbana is a community of approximately 2K residents with a median age of 31.3 years.The median household income is $112,672, which reflects a relatively affluent area with strong earning potential. 28.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 93.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Urbana offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Urbana?
1 schools tracked · 275 students
The largest public schools serving Urbana, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Center Point-Urbana Intermediate School
Grades 3-5 · 275 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Urbana, IA?
Want a head-to-head view? Compare Urbana side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Urbana?
The median home sale price in Urbana is $282,500, up 52.7% from last year.
How long do homes stay on market in Urbana?
Homes typically spend 15 days on market before going under contract.
What is the median income in Urbana?
The median household income is $112,672 per year.
Is Urbana a buyer's or seller's market?
With 1.8 months of supply, Urbana is currently a seller's market.
What is the Zillow home value estimate for Urbana?
The Zillow Home Value Index (ZHVI) for Urbana is $265,765, representing the typical home value in the area.
What is the median condo price in Urbana?
The median condo/co-op sale price in Urbana, IA is $266,000, compared to $282,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Urbana?
The median single-family home price in Urbana, IA is $282,500 (about $141 per square foot).
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