Inventory in Urbana is limited, with just 4 homes available and only 1 new listing in February 2026. Buyers are moving on what does appear, shown by 1 pending sale and a median of 27 days on market. With a market gauge of 40 and conditions labeled a seller's market, well-priced homes tend to draw attention.
Pricing is adjusting alongside this tight supply. The typical home value is about $195,000, slightly below Benton County’s $201,500, and the median list price sits near $189,900. Month over month, typical values have moved down an estimated 27.64 percent, while list prices have edged lower by about 1.33 percent, suggesting sellers are testing the market carefully rather than cutting sharply.
Signals within listings show buyers have some room to negotiate. About 25 percent of homes had a price drop, and the average sale-to-list ratio is roughly 0.98, with no recent sales closing above list price. Looking ahead to March 2026, typical values are projected around $157,750 and median list prices near $188,625, with inventory expected to stay close to 4 homes, so both sides may see relatively stable options. Whether you are a buyer trying to time your offer or a seller deciding how to price in this environment, Agent Pronto can connect you with a local agent who understands Urbana’s numbers and trends.
