Altos Market Data for Realtors

North Aurora, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



North Aurora, IL

Tue Sep 21 2021
This week the median list price for North Aurora, IL is $339,495 with the market action index hovering around 51. This is less than last month's market action index of 58. Inventory has decreased to 28. Click here to stay informed with the North Aurora market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

North Aurora, IL

Tue Sep 21 2021
This week the median list price for North Aurora, IL is $339,495 with the market action index hovering around 51. This is less than last month's market action index of 58. Inventory has decreased to 28. Click here to stay informed with the North Aurora market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the North Aurora market.
Median List Price $339,495
Median Price of New Listings $339,990
Per Square Foot $182
Average Days on Market 66
Median Days on Market 42
Price Decreased 32%
Price Increased 7%
Relisted 18%
Inventory 28
Median Rent $880
Market Action 51
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$454,900 3,226 0.25 - 0.5 acre 4 2 15 1 0 91
$375,000 1,865 0.25 - 0.5 acre 2 2 0 3 1 14
$315,000 1,551 0.5 - 1 acre 2 2 0 1 0 77
$249,900 1,321 8,000 - 10,000 sqft 3 2 56 2 1 35