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

Housing Market Conditions



Gauge showing Aurora is a seller's market


Difference Since November 2022

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.

Housing Prices in Aurora, IL

How much do homes in Aurora, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Aurora have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Aurora was $286,822 in November 2023, up 6.3% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $112K$113.3K
2 $215.3K$227.8K
3 $266.3K$290.8K
4 $405K$407.3K
5+ $365K$395.5K

Summary: Aurora housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 8.4%.

Median Sold Price Compared To Nearby Cities

Naperville Township
Aurora Township
North Aurora

Housing Supply in Aurora, IL

How many homes are available in Aurora, IL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Aurora real estate market had 389 homes for sale in November 2023, a 4.0% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 32
2 9484
3 198197
4 8685
5+ 2421

Summary: The Aurora housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 10.6%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

60 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. 49.2% of homes here sold above asking price last month.

Summary: A total of 122 homes were sold or pending in Aurora in November 2023, down by 15.9% month-over-month. Of the 122 sold homes, 31% were sold under asking, 20% were sold at asking, and 49% were sold over asking.

Days on Market for Aurora, IL

How long does it take to sell a home in Aurora, IL?

Average Sale Time

Nov 2022Nov 2023CHANGE
24 Days14 Days-40.8%

Summary: Homes in Aurora had an average of 14 days on market in Nov 2023, down by 40.8% compared to last year.

Breakdown of Home Sale Times

108 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

Summary: During November 2023, 122 homes were sold in Aurora; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Aurora, IL

Nearby Markets to Aurora, IL

What housing markets are near Aurora, IL?