The city of Aurora, Illinois, is the second largest in the state, with more than 197,000 people calling it home. It is a moderately sized manufacturing city with ample jobs and numerous residential neighborhoods. The city is one of the fastest growing in the country.
Check out 300 Aurora, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Housing Statistics The housing statistics for Aurora provide some important information for individuals considering buying or renting a home here. The average listing price of a house, as of the second week of August 2013, was $195,740. This is just slightly (less than 1 percent) higher than the same time last year. The median sale price of homes in this area, as of the second quarter of 2013, stood at $138,500, up substantially (19 percent) from the previous year. In the last year, 1,273 homes sold in the region, with a residential turnover rate of 19 percent, and a median residency of three years.
Largest Employers and Industries Though once a significant manufacturing town, the city has become much more than that in the last decades. There are thriving health, education, and service industries here. The largest employers in Aurora include Caterpillar, Hollywood Casino Aurora, Rush Copley Medical Center, Indian Prairie School District, and Dreyer Medical Clinic. Large manufacturing companies include Lyon Workspace Products, Barber Greene Company, and the Aurora Brewing Company.
Local Events and Festivals As a large and growing community, there are plenty of festivals and events occurring in and around Aurora. The Aurora Farmers Market is held downtown through the summer and fall months. Numerous Civil War events that take place throughout the year. Prominent areas for these include the Water Street Mall, RiverEdge Park, Downtown Batavia, and the Sandwich Fairgrounds.
Neighborhoods in AuroraAlthough Aurora's neighborhoods are fairly similar, there are small things that help to make one area different and special from the other. When looking for rent-to-own homes here, consider these neighborhoods:
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