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Will County Gazette

Monday, November 25, 2024

Aurora (Will County) home prices fall in March 2017

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The median sale price of a home sold in March 2017 in Aurora in Will County fell by $19,000 while total sales decreased by 18.8%, according to BlockShopper.com.

In March 2017, there were 13 homes sold, with a median sale price of $168,000 - a 10.2% decrease over the $187,000 median sale price for the same period of the previous year. There were 16 homes sold in Aurora in March 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 4.3%.

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

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Wellington Heights110%$174,000$165,0005.5%
Cherry Hill220%$173,750$258,904-32.9%
Bolingbrook947328.8%$169,550$168,0000.9%
Monee166166.7%$169,500$151,00012.3%
Romeoville484020%$168,250$141,50018.9%
Aurora1316-18.8%$168,000$187,000-10.2%
Wolf Creek Island10-$167,000$0-
Lakewood Falls31200%$165,000$112,00047.3%
Boula12-50%$159,000$153,7503.4%
Crest Hill312334.8%$157,000$134,40016.8%
Elwood23-33.3%$153,250$190,000-19.3%
* This story only considers sales data for the part of Aurora that is in Will County.

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