Aurora, IL Housing Market Report

The Aurora, IL housing market entering December 2025 remains a competitive environment that leans in favor of sellers, characterized by steady price appreciation and a tightening supply of available homes. With active inventory down 6.05% year-over-year to 17,025 units, the scarcity of options continues to place upward pressure on valuations. The sale-to-list ratio holding firm at 1 indicates that properties are generally selling for their full asking price, reflecting a disciplined market where buyers are meeting seller expectations despite broader economic shifts.

Price trends over the last six months show a consistent month-over-month climb, moving from $303,268 in July to the current median of $306,654. This 3.5% annual increase suggests a sustainable growth trajectory rather than a volatile spike. This appreciation is likely driven by Aurora's position as an affordable alternative within the Chicago-Naperville-Elgin metro area, attracting middle-market buyers who are being priced out of neighboring suburbs but still require proximity to regional employment hubs.

Looking ahead, the slight increase in days on market to 51 days suggests that while demand is high, buyers are becoming more selective and taking slightly more time to conduct due diligence. For sellers, this means that while the market is in their favor, proper pricing and property condition remain critical to securing a timely sale. For buyers, the current landscape requires patience and readiness to act, as the shrinking inventory levels mean fewer new opportunities are entering the market each month. The rental market, with a median of $2,195 and a 3.65% annual increase, mirrors the strength of the sales market, indicating robust overall demand for housing in the area.