Urbana Home Prices & Values

$142,100 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -5.5% 1-year change
  • 3.4% 1-year forecast

The median home value in Urbana is $142,100. Urbana home values have declined -5.5% over the past year and Zillow predicts they will rise 3.4% within the next year. The median price of homes currently listed in Urbana is $179,900.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Urbana is 4.2%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Urbana homeowners underwater on their mortgage is 25.4%, which is higher than Cedar Rapids Metro at 12.2%.

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Relative ZHVI
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Urbana Market Overview

Data through Aug 31, 2014
  • $142,100 ZHVI
  • 3.4% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $179,900 Median listing price
  • No data Median sale price
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Urbana Market Health

Data through Aug 31, 2014
  • 3.5/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 25.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Shellsburg $168,500 Center Point $164,000 Vinton $136,300

Listings & Sales

Data through Aug 31, 2014
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 90.0% Listings with price cut
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Urbana Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,080 Urbana
$1,144 Cedar Rapids Metro
$1,328 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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