Is Aurora, IL 60506 a buyer’s or seller’s market?
Aurora is a seller’s market. With about 2.4 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 81% of U.S. ZIP codes, and #128 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Aurora housing market right now
In the three months ending August 31, 2026, 50% of homes in Aurora, IL 60506 sold above their list price, the typical home went under contract in 44 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 155 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 46%, homes sold more slowly (41 days then) and the median sale price rose 7% to $339,853. Overall, Aurora is about as competitive as it was a year ago.
Within Kane County, homes here sell faster than in 59% of the county’s ZIP codes, and sell more often over asking than in 53%. On our competition score, Aurora ranks #128 of 464 IL ZIP codes with enough sales (score 76 out of 100).
Nearby, buyers who want less competition could look at Hampshire 60140 (32% sold over asking) or Elgin 60124 (33% sold over asking), while Carpentersville 60110 (60% sold over asking) and Saint Charles 60174 (52% sold over asking) are even more competitive.
Run the numbers for 60506
Nearby markets
Aurora 60505Seller’s market $211 /sq ftBatavia 60510Seller’s market $237 /sq ftBig Rock 60511Seller’s market $172 /sq ftCarpentersville 60110Seller’s market $215 /sq ft Browse all markets →Towns like Aurora nearby
Find towns like Aurora in other states →Where Aurora is
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Questions about Aurora real estate
Is Aurora a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Aurora, IL 60506 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Aurora?
The typical home went under contract in 44 days in the latest three months.
Do homes in Aurora sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 101.5% of the list price.
What are property taxes in Aurora?
About 2.26% of a home’s value a year in Kane County, or roughly $9,040 on a $400,000 home.
What is the median home price in Aurora?
The median sale price was $339,853 in the three months ending August 31, 2026, about $211 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology