Median price for residential apartments in as of Jul, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
1,313 Aurora, IL, USA apartments for sale
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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.
- USA
- Aurora, IL
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.
- USA
- Aurora, IL
Rent vs. Own
- Rent65%
- Own35%
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.
- USA
- Aurora, IL
Housing Trends
Aurora, IL, USA Housing Trends
Average sale in Aurora: $299,208 (+11.2%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| 1 bed apartments | $123,700 | +3.8% |
| 2 bed apartments | $205,187 | -2% |
| 3 bed apartments | $258,256 | -11.6% |
| 4+ bed apartments | $451,618 | +40.1% |
During Jul 2021, the average price for an apartment in/near Aurora, IL increased by 11.2% to $299,208.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $123,700 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $205,187. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $258,256. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $451,618 for a big-family home.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Townhouses for sale | $331,977 | +15.6% |
| Lofts for sale | $289,739 | -4.4% |
| Apartments for sale | $155,000 | +37.3% |
| Houses for sale | $324,500 | +16.6% |
| Condos for sale | $151,050 | -17.1% |
| Duplexes for sale | $439,000 | +73.3% |
While assessing the property pricing Aurora, IL, you can note that it remains flat with a price tag of $155,000. According to statistics, average house is still $324,500 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $151,050. An average value of duplex is $439,000, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $289,739. Value of the townhouses didn’t change, the price still starts at $331,977.
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