The story of this market
The typical home in ZIP 60502 sells for about $446,797, or $223 per square foot.
Prices are up +3.6% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $2,200 a month.
ZIP 60502 — Aurora
The 60502 housing market shows resilience with a median price of approximately $446,797 and a year-over-year increase of 3.6%. While inventory has increased significantly compared to the previous year, demand remains steady, supported by the area's strong household income profile and access to quality schools. Market conditions are currently balanced, reflecting a stable environment for both buyers and sellers.
This ZIP is well-suited for family buyers and professionals seeking suburban space with access to nature, while offering a quieter alternative to the denser urban core of Aurora.
Median prices moved up 3.6% year over year.
Homes spend a median of 34 days on market with 2.5 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 2.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 60502
The area is served by schools within the Aurora-based districts, generally characterized by stable performance metrics consistent with suburban Chicago standards.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and occasional wind events; flood risk is localized to specific drainage basins.
Economic momentum is driven by proximity to the I-88 tech corridor and ongoing residential infill development in the western Aurora periphery.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Commuters primarily utilize the I-88 corridor for access to the Naperville and Chicago employment hubs, with limited direct rail access within the ZIP boundaries.
The area features significant access to outdoor amenities, including the Arlene Shoemaker Forest Preserve and various local neighborhood parks and trail systems.
The rental market is characterized by moderate demand from families and professionals, with a mix of single-family rentals and townhome communities.
The local economy is anchored by the broader Chicago-Naperville-Elgin metro area, with significant employment concentrations in technology, logistics, and healthcare along the I-88 corridor.
The area is primarily served by regional highway networks including I-88, with limited public transit infrastructure compared to the inner-ring suburbs.
Development is focused on residential infill and the expansion of suburban amenities on the western edge of Aurora.
Parcels are subject to various taxing bodies including school districts, forest preserve districts, and municipal utility providers.
Property insurance premiums are influenced by regional exposure to severe weather events, including wind and hail, consistent with the broader Northern Illinois market.
Data retrieved from US Census Bureau ACS 2024 5-year estimates via Census Reporter.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
- Raging Waves4.211.1 mi
- Bengtson's Pumpkin Farm and Fall Fest4.519.8 mi
- Slick City Action Park4.75.8 mi
- Activate Games4.916.2 mi
- K1 Speed Addison4.315.2 mi
- Topgolf Naperville4.43.2 mi
- Bengtson's Pumpkin Farm and Fall Fest4.519.8 mi
- Cantigny Park4.87.3 mi
- Cog Hill Golf & Country Club4.417.2 mi
- Slick City Action Park4.75.8 mi
- The Morton Arboretum4.810 mi
- Raging Waves4.211.1 mi
- Sri Venkateswara Swami (Balaji) Temple4.84.8 mi
- Slick City Action Park4.75.8 mi
- Cinemark Seven Bridges and IMAX4.49.6 mi
- Cantigny Park4.87.3 mi
- DuPage Children's Museum4.45.6 mi
- Blackberry Farm4.77 mi
- Old Joliet Prison4.618.5 mi
- Two Brothers Roundhouse4.43 mi
- The Morton Arboretum4.810 mi
- Cantigny Park4.87.3 mi
- Wolf's Crossing Community Park4.85.2 mi
- Blackwell Forest Preserve4.75.6 mi
- Pottawatomie Park4.810.3 mi
- Topgolf Naperville4.43.2 mi
- Bolingbrook Golf Club4.59.4 mi
- Arrowhead Golf Club4.57.2 mi
- St. Andrews Golf and Country Club4.310.3 mi
- Cantigny Golf4.77.1 mi
- Chicago Premium Outlets4.51.9 mi
- Fox Valley Mall4.32.6 mi
- H Mart Naperville4.57 mi
- Naperville Fresh Market4.55.1 mi
- International Fresh Market4.23.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A significant local natural area providing trails and open space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.