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Will County Gazette

Wednesday, November 27, 2024

Aurora (Will County) home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Aurora in Will County rose by $77,500 while total sales decreased by 48%, according to BlockShopper.com.

From January through March of 2018, there were 26 homes sold, with a median sale price of $241,500 - a 47.3% increase over the $164,000 median sale price for the same period of the previous year. There were 50 homes sold in Aurora in the first quarter of 2017.

The median sales tax in Aurora for the most recent year with available data, 2017, was $7,296.60, approximately 3% of the median home sale price for the first quarter of 2018.

The following table compares Aurora to other Will County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Manhattan3346-28.3%$282,485$223,00026.7%
Plainfield123179-31.3%$257,000$249,0003.2%
New Lenox79127-37.8%$248,390$233,0006.6%
Cherry Hill220%$243,500$173,75040.1%
Mokena3368-51.5%$243,000$249,000-2.4%
Aurora2650-48%$241,500$164,00047.3%
Custer Park13-66.7%$230,000$59,000289.8%
Tinley Park221729.4%$230,000$225,0002.2%
Shorewood4350-14%$229,900$192,00019.7%
Frankfort Square2326-11.5%$219,900$226,250-2.8%
Minooka24-50%$218,250$237,450-8.1%
* This story only considers sales data for the part of Aurora that is in Will County.

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