Market Overview
Home Prices in Ursa, IL
The median home value in Ursa, IL is $202,919 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 18.5% compared to a year ago and down 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ursa are priced51% below average. Ursa is part of the Quincy, IL-MO metro area.
Over the past five years, Ursa home values have risen by approximately30.6%, reflecting strong long-term appreciation in this market.
Price History
Ursa Home Price Trend
2020
$143,290
$143K
—
2021
$155,412
$155K
+8.5%
2022
$171,995
$172K
+10.7%
2023
$178,437
$178K
+3.7%
2024
$178,628
$179K
+0.1%
2025
$171,261
$171K
-4.1%
2026
$202,919
$203K
+18.5%
City Comparison
Ursa vs. National Median
🏠 Ursa
$202,919
National Median
$410,000
At $202,919, homes in Ursa cost 51% below the national median of $410,000. This makes Ursa a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ursa?
20% Down Payment
$40,584
on $202,919
Monthly P&I
$1,058/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,344/mo
incl. taxes & insurance
Income Needed
$53,760
gross annual (30% rule)
10% Down Option
$20,292
+ PMI applies
Loan Amount (20% dn)
$162,335
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ursa, IL?
The median home value in Ursa is $202,919 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 18.5% year-over-year.
How much have home prices changed in Ursa?
Over the past year, home values in Ursa have increased by 18.5%. Over five years, prices have risen approximately 30.6%.
How much do I need to earn to buy a home in Ursa?
To comfortably afford the median home price of $202,919 with a 20% down payment ($40,584) at today's rates (6.8%), you'd need a gross annual income of approximately $53,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Ursa compare to the national average home price?
The national median home value is approximately $410,000. At $202,919, homes in Ursa are 51% below the national average.
What metro area is Ursa part of?
Ursa is part of the Quincy, IL-MO metropolitan area. Home prices and market conditions can vary across the broader metro region.