Why Live in Aurora
The beautifully restored Art Deco Paramount Theatre stands as Aurora's cultural cornerstone, presenting Broadway-caliber performances throughout the year. Music fills the air at RiverEdge Park, an outdoor venue along the Fox River hosting events like the Blues on the Fox festival. Families gravitate to Phillips Park, which features a zoo, mastodon exhibit, and aquatic center, while history comes alive at Blackberry Farm's 19th-century pioneer life museum. The Chicago Premium Outlets draw shoppers with over 170 designer stores, complemented by the diverse retail selection at Fox Valley Mall. Downtown Aurora buzzes during First Fridays with pop-up art galleries and live music.
Aurora's real estate landscape spans diverse price points across distinct neighborhoods. The median price for single-family homes in Aurora is $320,000, with significant variation by area. Far East commands the highest median prices at $543,500, while Southeast Aurora and Downtown Aurora present more affordable options at $239,900 and $240,000 respectively. Fox Valley features condos with median prices of $147,500 for one bedroom units and $219,000 for two bedrooms.
Property taxes in Aurora reflect Kane County's 2.39% effective rate, higher than nearby Naperville's DuPage County rate of 2.09%. The Illinois state income tax rate stands at 4.95%, with a combined sales tax rate of 8.89%.
Education excellence shines through highly rated schools like the Illinois Mathematics and Science Academy and Waubonsie Valley High School, both earning A+ ratings. Aurora University provides higher education opportunities. Commuters benefit from Metra rail service to Chicago and Pace bus connections throughout the region. The Fox River Trail and over 30 parks covering 800 acres create abundant recreational spaces, while Rush-Copley Medical Center ensures quality healthcare access.
Home Trends in Aurora, IL
On average, homes in Aurora, IL sell after 17 days on the market compared to the national average of 50 days. The median sale price for homes in Aurora, IL over the last 12 months is $321,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$321,000
Median Single Family Sale Price
$325,000
Median Townhouse Sale Price
$445,000
Median 2 Bedroom Sale Price
$242,000
Median 1 Bedroom Sale Price
$139,250
Average Price Per Sq Ft
$210
Number of Homes for Sale
261
Last 12 months Home Sales
1,696
Median List Price
$330,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%