Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
754 Aurora, IL, USA apartments for sale
Aurora
According to statistics, the population in Aurora, IL amounts to 200,946, which shows decline 0% compared to the previous year. The median age of the city’s residents is 33. The average household income is $66,848, shifting growth 5% from the past year, and the average property value in Aurora, IL growth 2% to $170,800 throughout the year.
| Population | 200,946 |
| Median Age | 32.8 |
| Poverty Rate | 13% |
| Household Income | $66,848 |
| Number Of Employees | 99,435 |
| Median Property Value | $170,800 |
Household Income
The average household income in Aurora, IL grew from $63,967 to $66,848 in the past year. This data is an estimate based upon 62,604 households in Aurora, IL . The chart below presents how household income is distributed in Aurora, IL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Aurora, IL shifted from $168,100 to $170,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Aurora, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Aurora, IL properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Aurora, IL compared to median property taxes around the country. The prevalent amount of property taxes in Aurora, IL equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Aurora, IL, USA
Average sale in Aurora: $320,491 (-6%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| Studio for sale | $55,000 | N/A |
| 1 bed for sale | $123,633 | -9.5% |
| 2 bed for sale | $224,106 | -6.1% |
| 3 bed for sale | $295,594 | +3.8% |
| 4+ bed for sale | $406,677 | -18.6% |
During Jul 2022, the average price for an apartment in/near Aurora, IL decreased by 6% to $320,491.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 9.5% to $123,633. Asking price for 2-bed apartment also decreased by 6.1% and a place of this size will now cost you $224,106. A 3-bed apartment goes for $295,594, it increased by 3.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 18.6% and made it down to $406,677.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Townhouses for sale | $293,663 | +0.5% |
| Apartments for sale | $55,000 | N/A |
| Houses for sale | $329,663 | -7.6% |
| Duplexes for sale | $244,140 | -33.2% |
| Condos for sale | $272,173 | +8.3% |
| Land for sale | $331,266 | -55.2% |
While assessing the property pricing Aurora, IL, you can note that it remains flat with a price tag of $55,000. Price reports demonstrate that house price decreased by 7.6% this month making it up to $329,663. Condos are really in demand in this season. The median price for a condo increased by 8.3%, it’s now available for $272,173. You can now purchase a duplex for just $244,140, duplex price decreased by 33.2% this month. The property value of townhouses increased by 0.5%, you’ll have to spend around $293,663 to get one.