It may be Illinois' 2nd city but Aurora, IL home prices went up 7% in 2016! The average home price in Aurora was $206,798 up from 2015's $193,228. With 1,739 closed transactions in 2016 versus 1,712 in 2015, Aurora's real estate market ended 2016 with a strong finish. The median single family home price went up 7.5% to $188,100 from 2015's $175,000.
Currently there are 241 homes available up to $500K and another 12 over $501K. With only 253 single family homes currently available - this represents only 2.7 months of inventory.
If you are thinking of selling your Aurora, IL home, beat the spring rush and list today! With a variety of housing stock to fit most price ranges, Aurora, IL continues to be one of the more affordable cities in Chicagoland area for home buyers!