Real Estate Market Update for Aurora, IL

Video: Real Estate Community Tour for Aurora, IL

See Real estate community tour for Aurora, IL
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 45% from one year earlier, and down 16% 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 under 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 7%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 170-thousand dollars. The number of units sold decreased 2% year-over-year, and decreased 11% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for Aurora, IL
Area Information for Aurora, IL
  • Population: 196,909
  • Median Age: 32.79 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 4,381/sq mi
  • Population Change Since 2000: 37.42%
  • Closest Airport: Chicago O'hare International
  • Closest College: Aurora University
  • Closest Jr. College: Waubonsee Community College-aurora Cmps
  • Median Household Income: $62,357
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $157,500
  • Closest Major Sports Team: Kane County Cougars (a)
  • Change Avg. Household Income Since 2000: 19.46%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Aurora, IL
Median Age: 32.79 Married: 38% Number of Households: 62,274 Households with Children: 27,275
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 Aurora, IL

      School Name Distance Type Grades School Rating Parent Rating
      K D Waldo Middle School 0.0 mi Public 6-8 1 0
      Fred Rodgers Magnet Acad 0.4 mi Public 3-8 5 0
      Our Lady Of Good Counsel School 0.6 mi Catholic PRESCHOOL-8 0 0
      L D Brady Elementary School 0.6 mi Public PRESCHOOL-5 0 0
      John Gates Elementary School 0.8 mi Public PRESCHOOL-5 0 0
      East High School 0.8 mi Public 9-12 3 3
      W S Beaupre Elementary School 0.8 mi Public K-5 0 0
      Edna Rollins Elementary School 0.8 mi Public K-5 0 0
      C M Bardwell Elementary School 0.8 mi Public K-5 1 1
      Todd Early Childhood Center 0.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Marie Wilkinson Child Dev Center 1.0 mi Private PRESCHOOL-PRESCHOOL 0 0
      G N Dieterich Elementary School 1.3 mi Public K-5 0 0
      St Joseph Catholic School 1.4 mi Catholic PRESCHOOL-8 0 0
      Oak Park Elementary School 1.4 mi Public PRESCHOOL-5 0 0
      St Therese Of Jesus School 1.4 mi Catholic PRESCHOOL-8 0 0
      Holy Angels Catholic School 1.5 mi Catholic PRESCHOOL-8 0 0
      Olney C Allen Elementary School 1.5 mi Public K-5 0 0
      Henry W Cowherd Middle School 1.5 mi Public 6-8 1 2
      St Peter School 1.5 mi Catholic K-8 0 0
      Hill Elementary School 1.5 mi Public K-5 1 0
      Greenman Elementary School 1.6 mi Public K-5 1 0
      Rose E Krug Elementary School 1.6 mi Public K-5 0 0
      Nicholas A Hermes Elementary School 1.9 mi Public K-5 0 0
      Core Academy 1.9 mi Private K-12 0 0
      Goddard School - Aurora 2.0 mi Private PRESCHOOL-K 0 0
      C F Simmons Middle School 2.0 mi Public 6-8 1 0
      West Aurora High School 2.0 mi Public 9-12 1 3
      Early Childhood Dev Cntr 2.1 mi Public PRESCHOOL-PRESCHOOL 0 0
      Anne Garcia Benavides Kindergarten Center 2.1 mi Public K-K 0 0
      Mccleery Elementary School 2.1 mi Public K-5 1 0
      Jefferson Middle School 2.1 mi Public 6-8 1 0
      John C Dunham Stem Partnership School 2.2 mi Public 4-5 0 0
      C I Johnson Elementary School 2.2 mi Public PRESCHOOL-5 0 0
      Freeman Elementary School 2.3 mi Public K-5 3 0
      Montessori Children's Garden 2.3 mi Private PRESCHOOL-3 0 0
      Hope D Wall Tmh Child Development Center 2.3 mi Public PRESCHOOL-12 0 0
      Fox Valley Montessori School 2.4 mi Private PRESCHOOL-6 0 0
      St Rita Of Cascia School 2.4 mi Catholic PRESCHOOL-8 0 0
      Reba O Steck Elementary School 2.6 mi Public K-5 4 0
      Smith Elementary School 2.7 mi Public PRESCHOOL-5 0 0
      Child Service Center Preschool 2.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      Mabel O Donnell Elementary School 2.8 mi Public K-5 0 0
      Waubonsie Valley High School 2.9 mi Public 9-12 5 4
      Annunciation 3.0 mi Catholic PRESCHOOL-8 0 0
      Covenant Christian School 3.0 mi Private PRESCHOOL-8 0 0
      Nancy Young Elementary School 3.1 mi Public K-5 5 0
      St Mark's Child Development Center 3.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      Mccarty Elementary School 3.1 mi Public K-5 3 0
      Rosary High School 3.1 mi Catholic 9-12 0 4
      Washington Middle School 3.2 mi Public 6-8 2 0
      Fischer Middle School 3.3 mi Public 6-8 4 0
      Hall Elementary School 3.3 mi Public K-5 2 0
      Kindercare Learning Center - Long Grove 3.4 mi Private PRESCHOOL-K 0 0
      Peter M Gombert Elementary School 3.4 mi Public K-5 4 0
      St Pauls Lutheran School 3.4 mi Private PRESCHOOL-8 0 0
      Aurora Central Catholic High School 3.4 mi Catholic 9-12 0 4
      The Wheatlands Elementary School 3.5 mi Public K-5 5 0
      Kindercare Learning Center - Fox Valley 3.5 mi Private PRESCHOOL-K 0 0
      Success Academy 3.6 mi Public 6-12 0 0
      Georgetown Elementary School 3.6 mi Public K-5 2 0
      Il Mathematics & Science Academy 3.6 mi Public 10-12 0 3
      Francis Granger Middle School 3.8 mi Public 6-8 5 4
      Gwendolyn Brooks Elementary School 3.9 mi Public K-5 5 0
      Indian Plains Alternative School 4.0 mi Public 9-12 0 0
      Aurora Montessori School 4.0 mi Private PRESCHOOL-K 0 0
      Aurora Christian Schools 4.1 mi Private PRESCHOOL-12 0 0
      Marmion Academy 4.2 mi Catholic 9-12 0 0
      Little Blossom Montessori School 4.2 mi Private PRESCHOOL-K 0 0
      Homestead Elementary School 4.3 mi Public K-5 5 0
      Prairie Children Preschool 4.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      Metea Valley High School 4.4 mi Public 9-12 5 4
      Still Middle School 4.5 mi Public 6-8 5 0
      Prairie View Montessori 4.5 mi Private PRESCHOOL-K 0 0
      Herget Middle School 4.5 mi Public 6-8 2 0
      All About Kids Montessori School 4.6 mi Private PRESCHOOL-K 0 0
      Resurrection Lutheran School 4.6 mi Private PRESCHOOL-8 0 0
      Cosmic Montessori Community 4.7 mi Private PRESCHOOL-3 0 0
      Bednarcik Junior High School 4.7 mi Public 6-8 5 0
      Shining Stars Early Learning Center 4.9 mi Private - 0 0
      Wolfs Crossing Elementary School 5.0 mi Public K-5 5 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Aurora, IL
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.