Aurora, IL Home Values & Market Trends

Real estate market trends reflect that there have been 2,036 transactions over the past year in Aurora. The median value for residential home transactions that occurred over the previous year is $272,439.39. The number of current listings in Aurora is 72, and the percentage of properties for sale in the city is 72.00%. Aurora, IL currently has 281 properties in foreclosure, 7 bank owned properties, 40 properties headed for auction, and 72 properties for sale.

Aurora, IL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
60505

$ 199,080

$ 200/sqft

60504

$ 316,077

$ 184/sqft

60505

$ 199,080

$ 200/sqft

60502

$ 434,273

$ 227/sqft

60505

$ 199,080

$ 200/sqft

60502

$ 434,273

$ 227/sqft

60506

$ 260,676

$ 163/sqft

60502

$ 434,273

$ 227/sqft

60506

$ 260,676

$ 163/sqft

60503

$ 265,043

$ 171/sqft

60506

$ 260,676

$ 163/sqft

60503

$ 265,043

$ 171/sqft

60504

$ 316,077

$ 184/sqft

60503

$ 265,043

$ 171/sqft

60504

$ 316,077

$ 184/sqft

Housing Market Summary for Aurora, IL

Apr 2023March 2024Change
Median Listing Price$256.9K$258.3K0.56%
Median Sold Price$262.1K$258.3K-1.45%
Homes For Sale7063-10.00%
Homes Sold1,2431,213-2.41%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Aurora, IL

Aurora home values range from $19,298 to $3,254,178. The median estimated value of a home in Aurora is $272,439.39. The median list price of a home is 264,900, and the total count of properties in the city is 50,789.

Foreclosure
There are 15 zips within Aurora, IL; within these zips, the median estimated home value for homes in foreclosure ranges from $566,348 in 60505 to the lowest value of $59,880 in 60505. Foreclosure homes account for 0.00% of properties in Aurora, IL with 60506 containing 102 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.46% of all residential properties in Aurora, IL with 60506 containing 80 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 15 zips within Aurora, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $635,882 in 60503 to the lowest home value of $59,880 in 60505.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Aurora, IL ranges from the highest value of $257,356 in 60504 to the lowest value of $119,158 in 60505. Bank owned homes and properties account for 0.01% of properties in Aurora, IL. There are 15 zips within Aurora, IL; 60505 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60506 has 20 auction properties, the highest number of properties going to auction in a single zip in the state of Aurora, IL. Auction homes and other auction properties account for 0.08% of all properties in Aurora, IL. There are 15 zips within Aurora, IL; of those zips, the median estimated home value for homes going to auction ranges from $459,703 in 60502 to the lowest value of $113,418 in 60502.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Aurora, IL with 60505 containing 21 homes for sale, the highest number of listed properties in a single zip. There are 15 zips within Aurora, IL; homes for sale in those zips, have a range of median values from $455,994 in 60503 to the lowest value of $114,887 in 60505.
    Sold Homes
    The median value for recently sold homes ranges from $683,700 in 60503 to the lowest price of $19,298 in 60503. There are 15 zips within Aurora, IL. 60506 has 407 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.52% of properties in Aurora, IL.

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      Guide for Aurora, IL

      Tennessee
      Aurora, Colorado: Real Estate Market Report March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Aurora, Colorado: Real Estate Market Report March 2024
      Tennessee|posted 18 March 2024

      Recent trends in Aurora, CO’s real estate market reveal interesting fluctuations in property values compared to nearby cities like Denver, Englewood, and Parker.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.