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Featured local agent — Aurora, IL
Sarah Mitchell
Compass Real Estate · Aurora, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Aurora, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$355,000median sale price
How is the Aurora, IL housing market right now?
The median home sale price in Aurora, IL is $355,000, up 2.9% year-over-year. Homes sell in an average of 48 days with 416 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Aurora a buyer's or seller's market?
Aurora, IL is currently a seller's market, based on 2.3 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
183
Last 12 weeks
Days on market
48
Average pace
Active listings
416
2.3 months supply
Sale-to-list
100.6%
Above asking
What does the Aurora housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $355,000 |
| Median list price | $349,900 |
| Year-over-year price change | +2.9% |
| Average days on market | 48 days |
| Active inventory | 416 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $223/sq ft |
| Homes sold (latest month) | 183 |
| New listings (latest month) | 202 |
| Listings with a price cut | 15.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Aurora by property type?
How the Aurora, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $400,000 | $227/sq ft | 122 | 48 days |
| Condo / Co-op | $205,000 | $203/sq ft | 14 | 42 days |
| Townhouse | $327,500 | $216/sq ft | 42 | 49 days |
Source: Redfin · Updated monthly
The Aurora housing market is currently classified as a seller's market with a median sale price of $355,000. Prices have risen 2.9% compared to last year, with homes spending an average of 48 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Aurora
There are currently 416 homes listed for sale in Aurora, Illinois. The median listing price is $350K.
Active listings
416
Homes on market
Median list price
$350K
Avg. days on market
48
Days until sale
New this week
202
Newly listed
Who lives in Aurora?
Population
179,867
Median income
$90,109/yr
Median age
35.2 years
Owner-occupied
66.8%
College grads
37.2%
Avg commute
28 min
Source: U.S. Census Bureau ACS
What are homes worth in Aurora?
Zillow home value
$327,932
Zillow rent index
$2,287/mo
Price-to-rent ratio
11.9x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Aurora?
Aurora is a community of approximately 180K residents with a median age of 35.2 years.The median household income is $90,109, which reflects a relatively affluent area with strong earning potential. 37.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 66.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 28 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Aurora offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Aurora?
50 schools tracked · 36,131 students
The largest public schools serving Aurora, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
East High School
Grades 9-12 · 4,019 students
West Aurora High School
Grades 9-12 · 3,655 students
Metea Valley High School
Grades 9-12 · 2,807 students
Waubonsie Valley High School
Grades 9-12 · 2,781 students
Francis Granger Middle School
Grades 6-8 · 1,013 students
Fischer Middle School
Grades 6-8 · 904 students
Henry W Cowherd Middle School
Grades 6-8 · 850 students
K D Waldo Middle School
Grades 6-8 · 794 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Aurora, IL?
Want a head-to-head view? Compare Aurora side-by-side with any other U.S. city using our market-comparison tool.
Is Aurora a good real estate investment market?
For investors evaluating Aurora, the price-to-rent ratio of 11.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 2.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Aurora's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Aurora's median home price.
Frequently asked questions
What is the average home price in Aurora?
The median home sale price in Aurora is $355,000, up 2.9% from last year.
How long do homes stay on market in Aurora?
Homes typically spend 48 days on market before going under contract.
What is the median income in Aurora?
The median household income is $90,109 per year.
Is Aurora a buyer's or seller's market?
With 2.3 months of supply, Aurora is currently a seller's market.
What is the Zillow home value estimate for Aurora?
The Zillow Home Value Index (ZHVI) for Aurora is $327,932, representing the typical home value in the area.
What is the median condo price in Aurora?
The median condo/co-op sale price in Aurora, IL is $205,000, compared to $400,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Aurora?
The median single-family home price in Aurora, IL is $400,000 (about $227 per square foot).
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