Is Aurora Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Aurora Township has remained a Seller's Market.
Housing Prices in Aurora Township, IL
How much do homes in Aurora Township, IL cost?
Median Sold Price
$294,597
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Aurora Township was $294,597 in April 2024, up 20.4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114.1K | $115K | +0.7% |
2 Bedrooms | $206K | $241.3K | +17.1% |
3 Bedrooms | $245.5K | $300.2K | +22.3% |
4 Bedrooms | $312.6K | $403K | +28.9% |
5+ Bedrooms | $290K | $370K | +27.6% |
Summary: Aurora Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 22.3%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes increased by 27.6%.
Median Sold Price Compared To Nearby Cities
Aurora Township | $244.7K | $294.5K | +20.4% |
North Aurora | $303.1K | $359.9K | +18.7% |
Aurora | $280K | $299.9K | +7.1% |
Oswego Township | $340.1K | $350.2K | +3.0% |
Montgomery | $292.3K | $283K | -3.2% |
Housing Supply in Aurora Township, IL
How many homes are available in Aurora Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
362 | 402 | +11.0% |
Summary: The Aurora Township real estate market had 402 homes for sale in April 2024, a 11.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 9 | +50.0% |
2 Bedrooms | 89 | 100 | +12.4% |
3 Bedrooms | 169 | 186 | +10.1% |
4 Bedrooms | 84 | 92 | +9.5% |
5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Aurora Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
119 | 123 | +3.4% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
77 Homes Were Sold
Over Asking
Summary: A total of 123 homes were sold or pending in Aurora Township in April 2024, up by 3.4% month-over-month. Of the 123 sold homes, 27% were sold under asking, 11% were sold at asking, and 63% were sold over asking.
Days on Market for Aurora Township, IL
How long does it take to sell a home in Aurora Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 17 Days | -16.4% |
Summary: Homes in Aurora Township had an average of 17 days on market in Apr 2024, down by 16.4% compared to last year.
Breakdown of Home Sale Times
106 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 123 homes were sold in Aurora Township; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.