$3,680 Closing Credit*
$309,900
2,159 SqFt
3 Beds
•2 Full Baths
Ronald K Quillen, Listing Office: Mall Realty Inc.
Is Urbana, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Urbana has remained a Seller's Market.
Key Takeaway
Urbana is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Urbana, OH
How much do homes in Urbana, OH cost?
Median Sold Price
$200,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$300(+0.2%)
Key Takeaway
The sold price of homes in Urbana has remained the same since last year.
Summary: The median home sold price in Urbana was $200,000 in October 2024, up 0.2% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $113K | $195.2K | +72.8% |
| 2 Bedrooms | $161.5K | $165.9K | +2.8% |
| 3 Bedrooms | $215K | $206K | -4.2% |
| 4 Bedrooms | $322.5K | $280K | -13.2% |
| 5+ Bedrooms | $327.5K | $446K | +36.2% |
Summary: Urbana housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.8%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 36.2%.
Median Sold Price Compared To Nearby Cities
| Salem Township | $160K | $174K | +8.8% |
| Urbana | $199.7K | $200K | 0.2% |
| Urbana Township | $203.5K | $200K | -1.7% |
Housing Supply in Urbana, OH
How many homes are available in Urbana, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 29 | -6.5% |
Summary: The Urbana real estate market had 29 homes for sale in October 2024, a 6.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Urbana housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Urbana, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Urbana in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Urbana, OH
We’re sorry, we don't have information for this market at the moment
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.