Aurora, IL Real Estate
According to census data in the year 2000 there were 48,936 housing units in Aurora.
This represents a 37.4% growth from 35,621 in 1990.
Of those housing units, 48,876 were located in either urbanized areas or urban clusters, and 60 were located in what is classified as a rural area.
Homeownership rate in Aurora is about 70%.
Aurora's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 3.04 people.
The majority of houses, apartments or condos in Aurora were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 12.20% |
| Two Bedrooms | 28.20% |
| Three Bedrooms | 34.40% |
| Four Bedrooms | 19.90% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.23 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $135,500 |
| Median Price asked for vacant units | $143,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $650 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 10% |
| Simple Mortgage | 67.80% |
| Debt Free | 14.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.7% |
