Real Estate Market Update for 60505 (Aurora, IL)
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was down 54% from one year earlier and down 30% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just over 90-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 35% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 70-thousand dollars. The number of units sold Decreased 15% year-over-year and held steady month-over-month Even though sales figures were down from a year ago, the current inventory of excellent listings remains strong. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 60505 (Aurora, IL)
Area Information for 60505 (Aurora, IL)
  • Community Character: Nearby Military Facility(ies), Very Rapid Population Growth, Moderate Residential Turnover, Suburb of Chicago
  • Population: 78,422
  • Median Age: 33.74 yr
  • Median Commute Time: 20.86 mins
  • Educational Climate*: 2
  • Recycling Likelihood**: 103
  • Sales Tax: 5%
  • Population Density: 6,855/sq mi
  • Population Change Since 2000: 38%
  • Closest Airport: Chicago O'hare International
  • Closest College: Aurora University
  • Closest Jr. College: Waubonsee Community College
  • Median Household Income: $45,078
  • Annual Residential Turnover: 17.11%
  • Median Years in Residence: 3.51 yr
  • Median Home Sales Price: $51,000
  • Closest Major Sports Team: Kane County Cougars (a)
  • Change Avg. Household Income Since 2000: 10%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 60505 (Aurora, IL)
Median Age: 33.74 Married: 35% Number of Households: 22,262 Households with Children: 10,253
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 60505 (Aurora, IL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Edna Rollins Elementary School 0.3 mi Public PRESCHOOL-5 1 0
      Oak Park Elementary School 0.4 mi Public PRESCHOOL-5 0 0
      St. Therese Of Jesus 0.5 mi Catholic PRESCHOOL-8 0 4
      Henry W Cowherd Middle School 0.5 mi Public 6-8 1 3
      L D Brady Elementary School 0.6 mi Public PRESCHOOL-5 0 3
      Marie Wilkinson Child Dev Center 0.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      W S Beaupre Elementary School 0.6 mi Public K-5 1 0
      Archbishop Romero Catholic School 0.7 mi Private PRESCHOOL-8 0 0
      East Aurora Middle School 0.8 mi Public 6-8 0 0
      St. Joseph Elementary School 1.0 mi Private PRESCHOOL-8 0 4
      St Joseph Catholic School 1.0 mi Catholic PRESCHOOL-8 0 0
      K D Waldo Middle School 1.0 mi Public 6-8 0 4
      Nicholas A Hermes Elementary School 1.2 mi Public K-5 0 3
      East High School 1.2 mi Public 9-12 1 2
      C F Simmons Middle School 1.2 mi Public 6-8 1 3
      Olney C Allen Elementary School 1.3 mi Public K-5 0 3
      John Gates Elementary School 1.4 mi Public PRESCHOOL-5 1 0
      Our Lady Of Good Counsel School 1.5 mi Private PRESCHOOL-8 0 4
      Early Childhood Dev Cntr 1.8 mi Public PRESCHOOL-PRESCHOOL 0 0
      C M Bardwell Elementary School 1.8 mi Public K-5 1 3
      Mabel O Donnell Elementary School 1.9 mi Public K-5 1 3
      G N Dieterich Elementary School 2.1 mi Public K-5 1 3
      Annunciation 2.3 mi Catholic PRESCHOOL-8 0 5
      Rose E Krug Elementary School 2.5 mi Public K-5 1 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for 60505 (Aurora, IL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.