ZIP Code 60503 — Aurora, IL Home Prices (2026)
The typical home in ZIP 60503 (Aurora, Illinois) is worth about $424,000 at roughly $227 per square foot — 18% more expensive than the Aurora median and 44% more expensive than the typical U.S. home.
How 60503 compares
ZIP 60503 is one of the pricier ZIP codes in Aurora: its typical home value of $424,000 ranks #2 of the 5 Aurora ZIP codes we track (the citywide range runs from $256,000 in 60505 to $427,000 in 60502). Per square foot it costs about $227, against $221 for Aurora as a whole, $135 for Illinois, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 60503 | $424,000 | $227 |
| Aurora, IL | $358,000 | $221 |
| Illinois | $200,000 | $135 |
| United States | $294,000 | $195 |
Home value by size in 60503
Using this ZIP’s rate of about $227 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $227,000 |
| 1,500 sq ft | $340,500 |
| 2,000 sq ft | $454,000 |
| 2,500 sq ft | $567,500 |
| 3,000 sq ft | $681,000 |
Salary needed to buy a home in ZIP 60503
To buy the typical $424,000 home in ZIP 60503 with 20% down, you need a household income of roughly $115,000 a year (about $2,690 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $137,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $21,200 | $3,350/mo | $143,000/yr |
| 10% (+PMI) | $42,400 | $3,200/mo | $137,000/yr |
| 20% | $84,800 | $2,690/mo | $115,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 60503
At about $227 per square foot, here is roughly how much home different budgets get you in ZIP 60503:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 880 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1100 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1320 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1760 sq ft | around the typical home here |
| $500k | 2200 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 60503 home.
Estimate a specific home in 60503
The estimator below is pre-set to ZIP 60503 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Aurora ZIP codes by home value
Where 60503 sits among Aurora’s 5 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 60502 | $427,000 | $237 |
| 2 | 60503 (this page) | $424,000 | $227 |
| 3 | 60504 | $358,000 | $221 |
| 4 | 60506 | $318,000 | $200 |
| 5 | 60505 | $256,000 | $220 |
ZIP 60503 home prices: frequently asked
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See the full Aurora home values page, all Illinois cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.