Is Aurora, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aurora is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Aurora has remained a Seller's Market.

Key Takeaway

Aurora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Aurora, IL cost?

Median Sold Price

$240,694

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$25,469(+11.8%)

Key Takeaway

Homes in Aurora have sold for 11.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $72.5K$87.5K
+20.7%
2 $170K$190K
+11.8%
3 $216.3K$244.9K
+13.3%
4 $312.2K$357.2K
+14.4%
5+ $307K$335K
+9.1%

Median Sold Price Compared To Nearby Cities

North Aurora
+13.9%
Aurora Township
+12.3%
Aurora
+11.8%
Naperville Township
+10.4%

How many homes are available in Aurora, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
673563-16.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 97
-22.2%
2 192167
-13.0%
3 281221
-21.4%
4 157132
-15.9%
5+ 3436
+5.9%

Number of Homes Sold

Nov 2021Dec 2021%
242208-14.0%

Asking Price vs. Sold Price

76 Homes Were Sold
Under Asking

43 Homes Were Sold
At Asking

89 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aurora, you could pay more than the asking price. 42.8% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
26 Days22 Days-15.3%

Breakdown of Home Sale Times

155 Homes Were Sold
Under 30 Days

48 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Aurora are selling fast, if you're buying plan to act quickly.

2740 Molitor Rd, Aurora, IL 60502

2740 Molitor Rd, Aurora, IL 60502

$180,000~$700/mo.*
Igor Blumin#11283104Listing Office:
Frontage RealtyMLS logo
2586 Katie Ct, Aurora, IL 60502

2586 Katie Ct, Aurora, IL 60502

$579,900~$2,200/mo.*
4 Beds • 5 Baths2,889 SqFt
Kimberly Zahand#11306350Listing Office:
Keller Williams North Shore WestMLS logo
1001 Greenview Dr, Aurora, IL 60505

1001 Greenview Dr, Aurora, IL 60505

$224,900~$850/mo.*
3 Beds • 1 Bath1,218 SqFt
Amy Fichtel Schwartz#11306147Listing Office:
Keller Williams Innovate - AuroraMLS logo
1180 Kingsley Ln, Aurora, IL 60505

1180 Kingsley Ln, Aurora, IL 60505

$580,000~$2,200/mo.*
2 Beds • 4 Baths2,756 SqFt
Constance Highland#11152147Listing Office:
Baird & WarnerMLS logo
2455 Hedge Row Dr, Aurora, IL 60502

2455 Hedge Row Dr, Aurora, IL 60502

$239,900~$900/mo.*
2 Beds • 1 Bath2,152 SqFt
Angus Woodbury#11308208Listing Office:
RE/MAX of NapervilleMLS logo
1340 Park Mnr, Aurora, IL 60506

1340 Park Mnr, Aurora, IL 60506

$275,000~$1,050/mo.*
3 Beds • 2 Baths1,508 SqFt
Sarah Leonard#11308166Listing Office:
RE/MAX SuburbanMLS logo
984 Station Blvd, Aurora, IL 60504

984 Station Blvd, Aurora, IL 60504

$375,000~$1,400/mo.*
2 Beds • 3 Baths1,649 SqFt
Alice Chin#11301634Listing Office:
CompassMLS logo
536 N Buell Ave, Aurora, IL 60506

536 N Buell Ave, Aurora, IL 60506

$200,000~$750/mo.*
2 Beds • 1 Bath936 SqFt
Cody Salter#11307979Listing Office:
Great Western PropertiesMLS logo
23 Breckenridge Dr, Aurora, IL 60504

23 Breckenridge Dr, Aurora, IL 60504

$385,000~$1,450/mo.*
4 Beds • 3 Baths2,196 SqFt
Jennifer Drohan#11307928Listing Office:
Keller Williams InfinityMLS logo
705 Spring St, Aurora, IL 60505

705 Spring St, Aurora, IL 60505

$155,000~$600/mo.*
2 Beds • 3 Baths1,088 SqFt
Ruben Salgado#11307899Listing Office:
Lomitas Real EstateMLS logo
3163 Sawgrass Dr, Aurora, IL 60502

3163 Sawgrass Dr, Aurora, IL 60502

$365,000~$1,350/mo.*
3 Beds • 3 Baths1,733 SqFt
Mary Olson#11303682Listing Office:
RE/MAX SuburbanMLS logo
2318 Hudson Cir, Aurora, IL 60502

2318 Hudson Cir, Aurora, IL 60502

$272,900~$1,050/mo.*
3 Beds • 3 Baths1,498 SqFt
Elizabeth Behling#11292075Listing Office:
Redfin CorporationMLS logo

About Aurora, IL

Aurora, IL has 563 homes for sale to choose from. The number of homes for sale in Aurora, IL decreased by 16.3% between November 2021 and December 2021. Listings spent 22 days on the market in December 2021, and had a median list price of $240,694 during the same period. Between November 2021 and December 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 20.7%, the cost of 2 bedrooms properties went up by 11.8%, 3 bedrooms properties prices increased by 13.3%, prices of 4 bedrooms properties increased by 14.4%, prices of 5 bedrooms properties increased by 9.1%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went down by 22.2%, number of 2 bedrooms homes decreased by 13%, the quantity of 3 bedrooms homes went down by 21.4%, 4 bedrooms homes inventory decreased by 15.9%, volume of 5 bedrooms homes went up by 5.9%. Aurora, IL housing market in December 2021 saw over 89 listings sold above listed price, more than 43 sold at listed price and over 76 sold below.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 01/01/2020 - 01/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/20/2022, 11:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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