Fox Valley Real Estate Blog

Aurora, IL Real Estate Market Update: May 2026

The Aurora, Illinois real estate market remained firmly in seller-friendly territory in May 2026, with homes continuing to sell quickly, inventory staying limited and sale prices holding strong. While buyers had more options than in some tighter periods, the market still favored well-prepared sellers, especially those pricing their homes correctly from the start.

In May, the median sold price for single family homes in Aurora reached $343,225, up 3% month over month. That increase shows continued buyer demand and price strength across the local market. The median sold price per square foot came in at $223, while the median list price was $389,900. Together, those numbers point to a market where pricing strategy remains extremely important. Buyers are…

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Two Big Reasons To Move This Summer

A lot of people who want to move are telling themselves the same thing: "Maybe I'll just wait until later this year once things calm down." 

While waiting sounds like a good plan, there's something worth knowing before you decide. Rates aren’t expected to change much, so if that’s the #1 reason you’re waiting, it may not pay off. And there may be other things you miss out on in the meantime. 

Historically, Summer is one of the strongest seasons of the year for both buyers and sellers. And if you delay your move until Fall or Winter, some of those opportunities may already be fading.

Buyers: Fresh Inventory Is Your Real Summer Advantage

One of the biggest frustrations buyers have faced over the past few years has been a lack of affordable…

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Lower Asking Prices Are a Win for Today’s Buyers

If affordability has been the biggest thing standing between you and a home, there's a little good news. 

Asking prices have started to come down.

The typical seller listed their house for a median of $429,500 in May. That’s 2.4% lower than a year ago, according to Realtor.com. On its own, that won't transform what you can afford, but in today’s market every little bit helps and it signals a broader shift taking place.

Buyers Are Finally Catching a Break

Check out this data from Realtor.com and you can see this is the first May in years where buyers have caught any sort of break price-wise.

Each May from 2022-2025, things held pretty steady. But this year? You can see that more noticeable shift in your favor (see graph below):

While…

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Move-In Ready 3 Bedroom Home Near Downtown Aurora and the Fox River

24 Rose St, Aurora, IL

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$399,900

Ideally located just blocks from downtown Aurora and the Fox River, this beautifully maintained 3 bedroom, 2.5 bath two story home offers space, style and everyday convenience. A large front porch welcomes you in, while the fenced backyard and 2 car attached garage add to the home's appeal. Inside, luxury vinyl flooring flows throughout the main level, highlighted by a dramatic 2 story foyer, an inviting living room and a comfortable family room with fireplace. The eat-in kitchen is designed for both daily living and entertaining, featuring quartz countertops, stainless steel…

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Spacious Wildmeadow Home for Sale at 345 Mayfair Ln in South Elgin

345 Mayfair Ln, South Elgin, IL

$449,900

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Spacious, versatile, and move-in ready, this 4-bedroom, 3.5-bath home in South Elgin's desirable Wildmeadow subdivision offers a finished basement, fenced quarter-acre corner lot, and plenty of room to live, work, and entertain. From the dramatic two-story foyer to the expansive outdoor living spaces, this home combines comfort, functionality, and flexibility for today's lifestyle. Step inside to a welcoming two-story foyer that creates an impressive first impression and sets the tone for the bright, open layout. Hardwood floors flow through the formal living and dining rooms,…

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Low-Maintenance Townhome for Sale in Churchill Club Oswego

386 Risen Star Ln, Oswego, IL

$349,900

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Enjoy comfort, convenience and resort-style amenities in this meticulously maintained townhome in Oswego's desirable Churchill Club neighborhood. Facing open space and set on a landscaped lot with a vinyl and brick exterior, welcoming front porch, private backyard patio and 2-car attached garage, this home offers an easy low-maintenance lifestyle inside and out. The community itself is a standout, featuring a community center, pool, fitness center, tennis courts and basketball courts, while the HOA includes exterior maintenance, lawn care and snow removal for added peace of mind. The location is…

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Beautiful Arbor Creek Home for Sale in St. Charles

39W118 Baert Ln, St Charles, IL

$658,000

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Located in the desirable Arbor Creek neighborhood of St. Charles, this beautifully maintained 4 bedroom, 2.5 bath brick and cedar two story home offers the space, layout and location today's buyers are looking for. Set on a professionally landscaped lot with mature trees, a 3 car attached garage and a huge backyard deck perfect for outdoor entertaining, this home is designed for comfortable living inside and out. Step inside to an inviting living room and a formal dining room highlighted by a tray ceiling, ideal for gatherings and special occasions. The heart of the home is the…

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Move-In Ready Split-Level Home for Sale in Wheaton Estates

1107 E Elm St, Wheaton, IL

$434,900

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Nestled in a quiet, established neighborhood, this beautifully maintained 3 bedroom, 2.5 bath brick and vinyl split-level home offers the perfect blend of comfort, updates and convenience. Situated on a landscaped lot, a 1-car attached garage, new maintenance free gutters and a spacious backyard featuring a stone patio, this home is ideal for both relaxing and entertaining. Enjoy a walkable location near parks, schools, shopping, restaurants and downtown amenities. Inside, you'll find a spacious living room and an updated kitchen with wood laminate flooring, Corian countertops, an…

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Could Moving a Bit Further Out Change Everything About Your Budget?

Whether you're dreaming about buying your first home or wondering if it’s time to move on from the one you're in, affordability is probably weighing on your mind. Home prices are still high in many markets, and even though things have improved a bit over the past year, making the numbers work can still feel like a stretch.

But the people finding ways to move right now usually have one thing in common. They didn't wait for affordability to come to them. They went looking for it.

According to PODS, 61% of people across all generations say affordability is the biggest factor when deciding where to move. And it's led a growing number of people to do one thing – broaden their search to include more affordable areas they hadn't seriously considered…

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What Rising Inflation Means for Your Move

Data shows inflation is moving in the wrong direction. But before the headlines send anyone into a panic, here's what's actually going on, why it matters for the housing market, and what it means if you're thinking about buying or selling.

Inflation Went Up – Here’s What That Actually Means

The government tracks inflation in a variety of ways. One is something called PCE – the Personal Consumption Expenditures Price Index. It measures how much more (or less) people are paying for goods and services compared to a year ago. And just based on your own expenses, you can probably guess which way that’s trending.

That’s the one everyone is talking about right now. Check out the yellow line to see how that’s spiked since February (see graph below). A…

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