They definitely age, longer lifespans is a possibility, but I think unlikely, because you never hear about it and equally improtant you'd think people would notice some other people living far longer then most...
People skilled in magic tend to live long lives because of it, so a long lifespan might not be view as abnormal. An example is that most people assume that the count of Skingrad during the time of the Oblivion Crisis even though he have a long lifespan of an entirely different reason.