Real Estate Market Update for Aurora, IL
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to September's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of September. The number of active listings was down 15% from one year earlier, and down 10% 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 190-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 16%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 130-thousand dollars. The number of units sold decreased 12% year-over-year, and decreased 16% 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.
Map Information for Aurora, IL
Area Information for Aurora, IL
  • Population: 202,864
  • Median Age: 30.09 yr
  • Median Commute Time: 22.9 mins
  • Educational Climate*: 3
  • Sales Tax: 8.25%
  • Population Density: 4,515/sq mi
  • Population Change Since 2000: 40.34%
  • Closest Airport: Chicago O'hare International
  • Closest College: Aurora University
  • Closest Jr. College: Waubonsee Community College-aurora Cmps
  • Median Household Income: $61,942
  • Annual Residential Turnover: 19.38%
  • Median Years in Residence: 3.12 yr
  • Median Home Sales Price: $116,500
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 12%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Aurora, IL
Median Age: 30.09 Married: 29% Number of Households: 63,552 Households with Children: 30,136
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 GreatSchools Rating Parent Rating
      K D Waldo Middle School 0.0 mi Public 6-8 0 4
      East Aurora Middle School 0.4 mi Public 6-8 0 0
      Our Lady Of Good Counsel School 0.6 mi Catholic PRESCHOOL-8 0 4
      L D Brady Elementary School 0.6 mi Public PRESCHOOL-5 0 3
      Archbishop Romero Catholic School 0.7 mi Catholic PRESCHOOL-8 0 0
      W S Beaupre Elementary School 0.7 mi Public K-5 1 0
      John Gates Elementary School 0.8 mi Public PRESCHOOL-5 1 0
      East High School 0.8 mi Public 9-12 1 2
      Edna Rollins Elementary School 0.8 mi Public PRESCHOOL-5 1 0
      C M Bardwell Elementary School 0.8 mi Public K-5 1 3
      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 1 3
      St Joseph Catholic School 1.4 mi Private PRESCHOOL-8 0 4
      St Joseph Catholic School 1.4 mi Catholic PRESCHOOL-8 0 0
      Charisma Christian Ministries Academy 1.4 mi Private 7-12 0 0
      St Therese Of Jesus School 1.4 mi Catholic PRESCHOOL-8 0 4
      Oak Park Elementary School 1.4 mi Public PRESCHOOL-5 0 0
      Olney C Allen Elementary School 1.5 mi Public K-5 0 3
      Holy Angels Catholic School 1.5 mi Catholic PRESCHOOL-8 0 5
      St Peter School 1.5 mi Catholic K-8 0 5
      Henry W Cowherd Middle School 1.5 mi Public 6-8 1 3
      Greenman Elementary School 1.5 mi Public K-5 1 2
      Hill Elementary School 1.6 mi Public K-5 1 3
      Rose E Krug Elementary School 1.6 mi Public K-5 1 4
      Goddard School 1.7 mi Private PRESCHOOL-K 0 0
      Nicholas A Hermes Elementary School 1.9 mi Public K-5 0 3
      Aurora Education Center 1.9 mi Private K-12 0 0
      C F Simmons Middle School 2.0 mi Public 6-8 1 3
      West Aurora High School 2.0 mi Public 9-12 2 4
      Early Childhood Dev Cntr 2.1 mi Public PRESCHOOL-PRESCHOOL 0 0
      Mccleery Elementary School 2.1 mi Public K-5 1 4
      Jefferson Middle School 2.1 mi Public 6-8 1 5
      C I Johnson Elementary School 2.2 mi Public PRESCHOOL-5 1 5
      Montessori Children's Garden 2.3 mi Private PRESCHOOL-3 0 4
      Freeman Elementary School 2.3 mi Public K-5 2-5 5
      Hope D Wall Tmh Child Development Center 2.3 mi Public PRESCHOOL-12 0 5
      Fox Valley Montessori School 2.4 mi Private PRESCHOOL-6 0 5
      St Rita Of Cascia School 2.4 mi Catholic PRESCHOOL-8 0 4
      Reba O Steck Elementary School 2.6 mi Public K-5 4-5 4
      Child Service Center Preschool 2.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      Smith Elementary School 2.7 mi Public K-5 1 4
      Mabel O Donnell Elementary School 2.8 mi Public K-5 1 4
      Waubonsie Valley High School 2.8 mi Public 9-12 4-5 4
      Annunciation 3.0 mi Catholic PRESCHOOL-8 0 5
      Covenant Christian School 3.0 mi Private PRESCHOOL-11 0 5
      St Mark's Child Development Center 3.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      Nancy Young Elementary School 3.1 mi Public K-5 4-5 5
      Mccarty Elementary School 3.1 mi Public K-5 2-5 4
      Rosary High School 3.2 mi Catholic 9-12 0 5
      Washington Middle School 3.2 mi Public 6-8 2 4
      Metea Valley High School 3.2 mi Public 9-12 5 5
      St Pauls Lutheran School 3.2 mi Private PRESCHOOL-8 0 5
      Kindercare Learning Center 3.3 mi Private PRESCHOOL-K 0 0
      Peter M Gombert Elementary School 3.3 mi Public K-5 4 4
      Hall Elementary School 3.3 mi Public K-5 1 3
      Fischer Middle School 3.4 mi Public 6-8 3 5
      Aurora Central Catholic High School 3.4 mi Catholic 9-12 0 4
      Kindercare Learning Centers 3.5 mi Private PRESCHOOL-K 0 0
      The Wheatlands Elementary School 3.6 mi Public K-5 4-5 5
      Georgetown Elementary School 3.6 mi Public K-5 2 4
      Il Mathematics & Science Academy 3.6 mi Public 10-12 0 4
      Illinos Mathematics And Science Academy 3.6 mi Public 10-12 0 0
      Francis Granger Middle School 3.8 mi Public 6-8 4 4
      Gwendolyn Brooks Elementary School 3.9 mi Public K-5 4 4
      Indian Plains Alternative School 3.9 mi Public 9-12 0 0
      Creative World School 4.0 mi Private PRESCHOOL-K 0 0
      Aurora Montessori School 4.0 mi Private PRESCHOOL-K 0 0
      Aurora Christian Schools 4.1 mi Private PRESCHOOL-12 0 4
      Prairie Children Preschool 4.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      Marmion Academy 4.2 mi Catholic 9-12 0 4
      Little Blossom Montessori School 4.2 mi Private PRESCHOOL-K 0 0
      Homestead Elementary School 4.3 mi Public K-5 4-5 5
      Still Middle School 4.4 mi Public 6-8 4-5 4
      Prairie View Montessori 4.4 mi Private PRESCHOOL-K 0 0
      Herget Middle School 4.5 mi Public 6-8 2 4
      All About Kids Montessori School 4.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      Resurrection Lutheran School 4.6 mi Private PRESCHOOL-8 0 5
      Bednarcik Junior High School 4.7 mi Public 6-8 4-5 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 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.