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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aurora Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Aurora Township, MN

How much do homes in Aurora Township, MN cost?

Median Sold Price

$150,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$57,500(-27.7%)

Key Takeaway

Homes in Aurora Township have sold for 27.7% less than they did a year ago.

Summary: The median home sold price in Aurora Township was $150,000 in October 2024, down 27.7% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $95K$131K
+37.9%
2 $320.7K$120.5K
-62.4%
3 $174.4K$208K
+19.2%
4 $560K$280K
-50.0%
5+ $474.9K-
N/A

Summary: Aurora Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.9%, 2 bedroom homes decreased by 62.4%, 3 bedroom homes increased by 19.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Claremont Township
-21.6%
Aurora Township
-27.7%

Housing Supply in Aurora Township, MN

How many homes are available in Aurora Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
713+85.7%

Summary: The Aurora Township real estate market had 13 homes for sale in October 2024, a 85.7% 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 04
+100.0%
5+ 11
0.0%

Summary: The Aurora Township 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 Township, 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 Township 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 Township, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
113 Days68 Days-39.8%

Summary: Homes in Aurora Township 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 Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Aurora Township; 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 2 Days Ago

Newest Listings in Aurora Township, MN

Nearby Markets to Aurora Township, MN