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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aurora is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Aurora is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Aurora, NC

How much do homes in Aurora, NC cost?

Median Sold Price

$152,450

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$189,050(-55.4%)

Key Takeaway

Homes in Aurora have sold for 55.4% less than they did a year ago.

Summary: The median home sold price in Aurora was $152,450 in November 2024, down 55.4% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $152.5K$111.7K
-26.8%
3 $451.5K$159.9K
-64.6%
4 $242.7K$272.5K
+12.3%
5+ -$70K
N/A

Summary: Aurora housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.8%, 3 bedroom homes decreased by 64.6%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Richland Township
-52.3%
Aurora
-55.4%

Housing Supply in Aurora, NC

How many homes are available in Aurora, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
13130.0%

Summary: The Aurora real estate market had 13 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 67
+16.7%
4 11
0.0%
5+ 11
0.0%

Summary: The Aurora housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aurora, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Aurora in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Aurora, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
116 Days6 Days-94.8%

Summary: Homes in Aurora had an average of 6 days on market in Nov 2024, down by 94.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Aurora are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Aurora; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in Aurora, NC

Nearby Markets to Aurora, NC

What housing markets are near Aurora, NC?