The housing market in 60504 Aurora, IL is thriving. The median value for housing in this area is $275,800 which is significantly lower than the US median of $338,100. In the past year the US house appreciation rate was 8% however in 60504 Aurora, IL it was 9.58%. This indicates that the economy and housing market of this area are growing faster than the national average. With a solid appreciation rate and relatively low median value, purchasing a home in 60504 Aurora, IL is a wise investment at this time.
The median home cost in Aurora (zip 60504) is $275,800. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Aurora (zip 60504) is up 14.1%.
Average Age of Homes
- The median age of Aurora (zip 60504) real estate is 23 years old
The Rental Market in Aurora (zip 60504)
- Renters make up 31.2% of the Aurora (zip 60504) population
- 4.3% of houses and apartments in Aurora (zip 60504), 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.