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Foreclosure Homes in Aurora, IL

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Aurora, IL Foreclosures

How much do homes sell for in Aurora, IL?
The average home price is currently $376,233.
In Aurora, IL, how many homes are available?
There are currently 1,863 active home listings available in Aurora.
What’s the average rental cost in Aurora, IL?
The average rental price in Aurora is $1,607.
What is the most expensive home in Aurora?
The most expensive home sold in Aurora had a price of $117,224,256.
What is currently the cheapest priced home in Aurora, IL?
The cheapest home for sale in Aurora is priced at $10,484.

Living in Aurora, IL

Aurora, IL, is a thriving city known for its beautiful parks, diverse dining options, and strong educational institutions. With a rich history and vibrant community atmosphere, it offers an excellent quality of life for families and professionals alike. Its convenient transportation options make it an ideal location for commuters to Chicago.

Current Market Conditions in Aurora, IL

The current real estate market in Aurora is experiencing a positive trend, with property values steadily increasing due to high demand and limited inventory. Investors are drawn to the area because of its affordability compared to nearby cities and the potential for future appreciation.

Rental properties are in high demand as more individuals and families are seeking affordable housing options. The rental market remains strong, making Aurora an attractive location for real estate investment.

Home Value Estimator For Aurora, IL

There are currently 53,911 real estate properties in Aurora, IL, with a median automated valuation model (AVM) price of $303,646.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Aurora, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Aurora, IL, is $376,233.00, with the most expensive house in Aurora, IL, topping out at $117,224,256.00 and the cheapest home in Aurora, IL, clocking in at $10,484.00. In other words, there’s something for every potential homebuyer or savvy investor in Aurora, IL!

Rent Prices In Aurora, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Aurora, IL, is on a rollercoaster ride. The average rent price in Aurora, IL, is $1,607.00. Indeed, when looking to rent in Aurora, IL, you can expect to pay as little as $750.00 or as much as $5,160.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Aurora, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Aurora, IL Foreclosures

Market Trend for Aurora, IL

Total Listings Available: 1,863

Market Values:

Home Prices from $10,484 to $117,224,256

Average Sales Price: $376,233

Rental Values:

Rental from $750 to $5,160

Average Rent Value: $1,607 / month

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