Aurora (Will County) home prices rise in April 2017

Aurora (Will County) home prices rise in April 2017
By Local Labs News Service

The median sale price of a home sold in April 2017 in Aurora in Will County rose by $24,000 while total sales increased by 15.8%, according to BlockShopper.com.

In April 2017, there were 22 homes sold, with a median sale price of $198,500 - a 13.8% increase over the $174,500 median sale price for the same period of the previous year. There were 19 homes sold in Aurora in April 2016.

The median sales tax in Aurora for 2017 was $7,296.62. In 2016, the median sales tax was $7,352. This marks an decrease of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.

The following table compares Aurora to other Will County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Manhattan1824-25%$237,975$169,50040.4%
Shorewood24234.3%$225,000$220,0002.3%
Graver Country Estates10-$225,000$0-
Lockport473920.5%$215,500$167,50028.7%
Tinley Park810-20%$213,407.50$280,000-23.8%
Aurora221915.8%$198,500$174,50013.8%
Frankfort Square171241.7%$197,000$227,500-13.4%
Bolingbrook786716.4%$195,750$203,000-3.6%
Arbury Hills30-$194,000$0-
Carillon25-60%$193,000$180,0007.2%
Willowbrook4333.3%$183,627$167,00010%
* This story only considers sales data for the part of Aurora that is in Will County.


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