Is Urbana, IN 46990 a buyer’s or seller’s market?
Urbana is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Urbana housing market right now
In the three months ending August 31, 2026, 0% of homes in Urbana, IN 46990 sold above their list price, the typical home went under contract in 27 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Within Wabash County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Laketon 46943 (67% sold over asking) and Wabash 46992 (14% sold over asking) are even more competitive.
Run the numbers for 46990
Nearby markets
La Fontaine 46940Balanced $127 /sq ftLagro 46941Seller’s market $72 /sq ftLaketon 46943Seller’s market $106 /sq ftNorth Manchester 46962Seller’s market $135 /sq ft Browse all markets →Where Urbana is
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Questions about Urbana real estate
Is Urbana a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Urbana, IN 46990 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Urbana?
The typical home went under contract in 27 days in the latest three months.
Do homes in Urbana sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Urbana?
About 0.52% of a home’s value a year in Wabash County, or roughly $2,080 on a $400,000 home.
What is the median home price in Urbana?
The median sale price was $119,848 in the three months ending August 31, 2026, about $96 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology