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Will County Gazette

Thursday, April 25, 2024

Aurora (Will County) home prices fall in January 2017

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The median sale price of a home sold in January 2017 in Aurora in Will County fell by $32,050 while total sales increased by 166.7%, according to BlockShopper.com.

In January 2017, there were 24 homes sold, with a median sale price of $159,950 - a 16.7% decrease over the $192,000 median sale price for the same period of the previous year. There were nine homes sold in Aurora in January 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 4.6%.

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

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Minooka110%$184,000$500,000-63.2%
Shorewood221822.2%$183,500$244,995-25.1%
Carillon40-$182,500$0-
Arbury Hills31200%$178,500$165,2008.1%
Romeoville5354-1.9%$160,000$138,50015.5%
Aurora249166.7%$159,950$192,000-16.7%
Lakewood Falls13-66.7%$155,500$137,00013.5%
Wheatland Plains20-$150,500$0-
Crystal Lawns110%$149,900$71,100110.8%
Braidwood83166.7%$149,250$88,80668.1%
Peotone62200%$147,500$150,500-2%
* This story only considers sales data for the part of Aurora that is in Will County.

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