The story of this market
The typical home in ZIP 60506 sells for about $350,000, or $182 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,343 a month.
ZIP 60506 — Aurora
The 60506 housing market shows signs of stability with a median listing price of $350K and a balanced inventory of 76 active listings. While price growth remains positive, the market is characterized by steady demand and moderate days on market, reflecting a healthy environment for both buyers and sellers.
This ZIP is well-suited for families and commuters seeking a balance between suburban affordability and access to urban amenities, with a diverse housing stock ranging from historic homes to new construction.
Median prices moved up 4.2% year over year.
Homes spend a median of 35 days on market with 3.2 months of supply — a fast-moving market.
25% 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 5.3% · poverty 11.8% — 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 9.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 60506, Kane County IL
Crime trends in Aurora are generally consistent with regional averages for a city of its size, with localized variations in safety across different neighborhoods.
The area is served by the West Aurora School District 129, which provides a range of public educational options including specialized programs like the Illinois Mathematics and Science Academy.
The region faces standard Midwestern climate risks, including potential for severe thunderstorms and occasional flooding near the Fox River corridor.
Economic momentum is driven by a mix of manufacturing, healthcare, and retail sectors, with ongoing redevelopment efforts in the historic downtown Aurora area.
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.
Residents typically commute via I-88 or the Metra BNSF line, providing direct access to the Chicago employment core.
The area features extensive access to the Fox River trail system, numerous local parks, and proximity to the shopping and dining districts of downtown Aurora.
The rental market remains competitive with steady demand, supported by a mix of single-family rentals and multi-family apartment complexes.
The local economy is anchored by healthcare, manufacturing, and logistics, with significant employment hubs located throughout the Fox Valley region.
Transportation is supported by the Metra BNSF line and major highway access via I-88, facilitating regional connectivity.
Development activity is concentrated on infill residential projects and the continued revitalization of the downtown core.
The Kane County Assessor manages property valuations, with assessments updated periodically to reflect market conditions.
Parcels are subject to levies from West Aurora School District 129, the City of Aurora, and various county-level special service districts.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available for typical residential risks.
Data retrieved from Census Reporter and IncomeByZipCode.
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.
- Raging Waves4.25.8 mi
- Slick City Action Park4.72 mi
- Funway4.46.1 mi
- Enchanted Castle Family Entertainment Center4.319.9 mi
- Astro Fun World4.19.1 mi
- Topgolf Naperville4.49.3 mi
- Cantigny Park4.813 mi
- Slick City Action Park4.72 mi
- Paramount Theatre4.83.6 mi
- Bolingbrook Golf Club4.514 mi
- Raging Waves4.25.8 mi
- Sri Venkateswara Swami (Balaji) Temple4.82.4 mi
- Slick City Action Park4.72 mi
- Paramount Theatre4.83.6 mi
- AMC Naperville 1649.7 mi
- Cantigny Park4.813 mi
- DuPage Children's Museum4.412.1 mi
- Blackberry Farm4.70.5 mi
- Two Brothers Roundhouse4.43.8 mi
- Edith Farnsworth House4.711.9 mi
- Cantigny Park4.813 mi
- Wolf's Crossing Community Park4.88.9 mi
- Blackwell Forest Preserve4.711.1 mi
- Pottawatomie Park4.811 mi
- Commissioners Park4.710.5 mi
- Basa's Marine, Inc.4.618 mi
- Topgolf Naperville4.49.3 mi
- Cantigny Golf4.712.9 mi
- Whitetail Ridge Golf Club4.510.9 mi
- Prairie Landing Golf Club4.510.5 mi
- Naperbrook Golf Course4.512.8 mi
- Chicago Premium Outlets4.56 mi
- Fox Valley Mall4.38.8 mi
- Naperville Fresh Market4.511.3 mi
- International Fresh Market4.29.3 mi
- Meijer4.38.9 mi
- Chicago O'Hare International Airport428.4 mi
- Illinois Aviation Museum4.814 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive trail system for biking and walking along the river.
Large municipal park featuring a zoo, golf course, and aquatic center.
Historic district with diverse dining, entertainment, and cultural venues.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).