Aurora, IL is a great place to invest in housing. According to the data provided, the median value of a home in Aurora is $245,800 which is significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate in Aurora is 9.58% which is higher than the US average of 8.27%. This makes Aurora an attractive option for those looking to invest in housing and benefit from potential appreciation in their investment over time.
The median home cost in Aurora is $245,800. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Aurora is up 14.1%.
Average Age of Homes
- The median age of Aurora real estate is 36 years old
The Rental Market in Aurora
- Renters make up 30.0% of the Aurora population
- 1.6% of houses and apartments in Aurora, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.