Is Aurora, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aurora is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Aurora was a Seller's Market.

Key Takeaway

Aurora is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Aurora, MN

How much do homes in Aurora, MN cost?

Median Sold Price

$150,000

$89/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,950(-2.6%)

Key Takeaway

Homes in Aurora have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Aurora was $150,000 in October 2024, down 2.6% from last year, and the median price per square foot was $89.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $95K$150K
+57.9%
2 $320.7K$120.5K
-62.4%
3 $153.9K$208K
+35.1%
4 $420K$242.5K
-42.3%
5+ --
N/A

Summary: Aurora housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.9%, 2 bedroom homes decreased by 62.4%, 3 bedroom homes increased by 35.1%, 4 bedroom homes decreased by 42.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

White Township
-2.0%
Aurora
-2.6%

Housing Supply in Aurora, MN

How many homes are available in Aurora, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
712+71.4%

Summary: The Aurora real estate market had 12 homes for sale in October 2024, a 71.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 24
+100.0%
3 34
+33.3%
4 03
+100.0%
5+ 11
0.0%

Summary: The Aurora housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aurora, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Aurora in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Aurora, MN

How long does it take to sell a home in Aurora, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
113 Days68 Days-39.8%

Summary: Homes in Aurora had an average of 68 days on market in Oct 2024, down by 39.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Aurora has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Aurora; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Aurora, MN

Nearby Markets to Aurora, MN

What housing markets are near Aurora, MN?