North Aurora, IL Home Values & Market Trends

Real estate market trends reflect that there have been 258 transactions over the past year in North Aurora. The median value for residential home transactions that occurred over the previous year is $340,412.64. The number of current listings in North Aurora is 10, and the percentage of properties for sale in the city is 10.00%. North Aurora, IL currently has 27 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 10 properties for sale.

North Aurora, IL Real Estate Market Overview

ZipMedian Est. Value
60542

$ 405,728

$ 181/sqft

Housing Market Summary for North Aurora, IL

Apr 2023March 2024Change
Median Listing Price$280K$324.9K16.04%
Median Sold Price$317.8K$324.9K2.25%
Homes For Sale1110-9.09%
Homes Sold1661681.20%
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 North Aurora, IL

North Aurora home values range from $40,823 to $1,461,254. The median estimated value of a home in North Aurora is $340,412.64. The median list price of a home is 367,449.5, and the total count of properties in the city is 6,058.

Foreclosure
There is 1 zips within North Aurora, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $595,717 in 60542 to the lowest value of $181,378 in 60542. Foreclosure homes account for 0.00% of properties in North Aurora, IL with 60542 containing 27 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.36% of all residential properties in North Aurora, IL with 60542 containing 22 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within North Aurora, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $595,717 in 60542 to the lowest home value of $181,378 in 60542.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in North Aurora, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in North Aurora, IL. There is 1 zips within North Aurora, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60542 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of North Aurora, IL. Auction homes and other auction properties account for 0.08% of all properties in North Aurora, IL. There is 1 zips within North Aurora, IL; of that zips, the median estimated home value for homes going to auction ranges from $511,574 in 60542 to the lowest value of $276,511 in 60542.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.17% of residential properties in North Aurora, IL with 60542 containing 10 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within North Aurora, IL; homes for sale in that zips, have a range of median values from $529,322 in 60542 to the lowest value of $189,124 in 60542.
    Sold Homes
    The median value for recently sold homes ranges from $641,615 in 60542 to the lowest price of $119,278 in 60542. There is 1 zips within North Aurora, IL. 60542 has 195 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.22% of properties in North Aurora, IL.

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      Guide for North Aurora, IL

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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      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.

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

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes North Aurora, IL

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