ZIP Code 60505 — Aurora, IL Home Prices (2026)
The typical home in ZIP 60505 (Aurora, Illinois) is worth about $256,000 at roughly $220 per square foot — 28% more affordable than the Aurora median and 13% more affordable than the typical U.S. home.
How 60505 compares
ZIP 60505 is one of the more affordable ZIP codes in Aurora: its typical home value of $256,000 ranks #5 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 $220, against $221 for Aurora as a whole, $135 for Illinois, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 60505 | $256,000 | $220 |
| Aurora, IL | $358,000 | $221 |
| Illinois | $200,000 | $135 |
| United States | $294,000 | $195 |
Home value by size in 60505
Using this ZIP’s rate of about $220 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 | $220,000 |
| 1,500 sq ft | $330,000 |
| 2,000 sq ft | $440,000 |
| 2,500 sq ft | $550,000 |
| 3,000 sq ft | $660,000 |
Salary needed to buy a home in ZIP 60505
To buy the typical $256,000 home in ZIP 60505 with 20% down, you need a household income of roughly $70,000 a year (about $1,630 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $83,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $12,800 | $2,020/mo | $87,000/yr |
| 10% (+PMI) | $25,600 | $1,930/mo | $83,000/yr |
| 20% | $51,200 | $1,630/mo | $70,000/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 60505
At about $220 per square foot, here is roughly how much home different budgets get you in ZIP 60505:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 680 sq ft | below the local median — condos, smaller or older homes |
| $200k | 910 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1140 sq ft | around the typical home here |
| $300k | 1360 sq ft | around the typical home here |
| $400k | 1820 sq ft | above the median — larger homes or the pricier ZIPs |
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 60505 home.
Estimate a specific home in 60505
The estimator below is pre-set to ZIP 60505 — 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 60505 sits among Aurora’s 5 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 60502 | $427,000 | $237 |
| 2 | 60503 | $424,000 | $227 |
| 3 | 60504 | $358,000 | $221 |
| 4 | 60506 | $318,000 | $200 |
| 5 | 60505 (this page) | $256,000 | $220 |
ZIP 60505 home prices: frequently asked
What is the average home price in ZIP code 60505? +
What is the price per square foot in 60505? +
What salary do you need to buy a house in ZIP 60505? +
Is 60505 an expensive ZIP code? +
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.