Steven D. and Stephanie K. Thomas purchase 1408 S. Abercorn St., Urbana, appraised at $239,900

The home at 1408 S. Abercorn St., Urbana, Champaign County, was sold on July 22 by Lorraine Y. and Brandon Rasmussen for $239,900.

Steven D. and Stephanie K. Thomas were listed as the buyers.

Property taxes on the home totaled $5,766 in 2024, or 2.4% of the sale price.

This property is one of 46 sales in Urbana, Champaign County, between June 22 and July 22.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.