Is North Aurora, 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, North Aurora has remained a Seller's Market.
Housing Prices in North Aurora, IL
How much do homes in North Aurora, IL cost?
Median Sold Price
$359,990
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Aurora was $359,990 in April 2024, up 18.7% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.5K | - | N/A |
2 Bedrooms | $286.9K | $329.9K | +15.0% |
3 Bedrooms | $274.5K | $329.7K | +20.1% |
4 Bedrooms | $403K | $449.9K | +11.6% |
5+ Bedrooms | $438.7K | $571.5K | +30.2% |
Summary: North Aurora housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 20.1%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 30.2%.
Median Sold Price Compared To Nearby Cities
North Aurora | $303.1K | $359.9K | +18.7% |
Batavia Township | $364.9K | $400K | +9.6% |
Batavia | $374.6K | $404.5K | +8.0% |
Aurora | $280K | $299.9K | +7.1% |
Housing Supply in North Aurora, IL
How many homes are available in North Aurora, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 74 | +5.7% |
Summary: The North Aurora real estate market had 74 homes for sale in April 2024, a 5.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 31 | 23 | -25.8% |
3 Bedrooms | 24 | 32 | +33.3% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The North Aurora housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25.8%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 22 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in North Aurora in April 2024, the same as the previous month. Of the 22 sold homes, 18% were sold under asking, 45% were sold at asking, and 36% were sold over asking.
Days on Market for North Aurora, IL
How long does it take to sell a home in North Aurora, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 16 Days | +0.7% |
Summary: Homes in North Aurora had an average of 16 days on market in Apr 2024, up by 0.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in North Aurora; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.