North Aurora, IL Foreclosures
How much do homes sell for in North Aurora, IL?
The average home price is currently $451,062.
In North Aurora, IL, how many homes are available?
There are currently 144 active home listings available in North Aurora.
What’s the average rental cost in North Aurora, IL?
The average rental price in North Aurora is $1,941.
What is the most expensive home in North Aurora?
The most expensive home sold in North Aurora had a price of $67,051,912.
What is currently the cheapest priced home in North Aurora, IL?
The cheapest home for sale in North Aurora is priced at $12,047.
Living in North Aurora, IL
North Aurora is a charming village located just west of Chicago. Known for its friendly community and suburban feel, it offers a range of family-friendly amenities. Residents enjoy beautiful parks, local shopping, and excellent schools, making it an ideal place for families and young professionals.
Current Market Conditions in North Aurora, IL
Overall, the real estate market in North Aurora is currently on a steady increase, driven by demand from families and individuals seeking affordable housing in a suburban environment. With a variety of homes available, the market is competitive, and homes are typically selling within a few weeks of being listed.
The current interest from buyers is attributed to the village's excellent school system and family-friendly amenities, making it an attractive location for young families. As a result, home prices have been on an upward trend, albeit at a manageable rate, suggesting the market is healthy and sustainable.
Home Value Estimator For North Aurora, IL
There are currently 6,381 real estate properties
in North Aurora, IL,
with a median automated valuation model (AVM) price
of $385,897.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in North 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 North Aurora, IL,
is $451,062.00, with the most expensive house
in North Aurora, IL, topping out
at $67,051,912.00 and the cheapest home
in North Aurora, IL,
clocking in at $12,047.00. In other words, there’s
something for every potential homebuyer
or savvy investor in North Aurora, IL!
Rent Prices
In North Aurora, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in North Aurora, IL, is on
a rollercoaster ride. The
average rent price in North Aurora, IL,
is $1,941.00. Indeed, when looking to rent in
North Aurora, IL, you can expect to pay as little
as $1,010.00 or as much
as $3,340.00,
with the average rent median estimated to
be $1,870.00. The good news is that finding
an affordable and desirable property to rent in North 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.