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Dupage Policy Journal

Friday, November 22, 2024

Q1 real estate sales report: Aurora

Re 14

Median prices declined in Aurora over last year, and are down 14.7 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 382 homes sold in Aurora for a median price of $154,700. That's 2.2 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, 53 homes in Aurora were in foreclosure.

Median property tax for homeowners in Aurora was $3,935.43 in 2017 according to tax data from that year. That means homeowners pay 2.5 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Aurora real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
376
$181,350
-
2010
498
$145,274
-19.9%
2011
472
$135,544
-6.7%
2012
496
$100,008
-26.2%
2013
400
$143,964
44%
2014
660
$111,300
-22.7%
2015
482
$141,033
26.7%
2016
566
$143,588
1.8%
2017
483
$158,100
10.1%
2018
382
$154,700
-2.2%

Median property tax
Median sale price
Effective property tax rate
2009
$4,418.41
$181,350
2.4%
2010
$4,101.24
$145,274
2.8%
2011
$4,786.71
$135,544
3.5%
2012
$4,265.97
$100,008
4.3%
2013
$4,550.14
$143,964
3.2%
2014
$3,855.42
$111,300
3.5%
2015
$4,383.88
$141,033
3.1%
2016
$4,183.85
$143,588
2.9%
2017
$3,935.42
$158,100
2.5%

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