Average Home Price in Aurora, IL Up 7% in 2016

By
Real Estate Broker/Owner with Heart Realty Group, Inc.. IL-471.002355

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.

Growth Sign

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!

Posted by

Evelyn Santiago

Managing Broker - 630-251-0059

Heart Realty Group, Inc.

We are Passionate About Real Estate!

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Evelyn Santiago, Managing Broker Heart Realty Group, Inc.

Passionate About Real Estate & Our Clients!
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