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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aurora is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Aurora has remained a Seller's Market.

Key Takeaway

Aurora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Aurora, MO

How much do homes in Aurora, MO cost?

Median Sold Price

$159,500

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,500(+3.6%)

Key Takeaway

Homes in Aurora have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Aurora was $159,500 in May 2024, up 3.6% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $55K$80K
+45.5%
2 $96K$88K
-8.3%
3 $166.9K$172K
+3.1%
4 $249K$257.3K
+3.4%
5+ $222K$194K
-12.6%

Summary: Aurora housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.5%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 12.6%.

Median Sold Price Compared To Nearby Cities

Aurora
+3.6%
Aurora Township
+3.2%

Housing Supply in Aurora, MO

How many homes are available in Aurora, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7881+3.8%

Summary: The Aurora real estate market had 81 homes for sale in May 2024, a 3.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 34
+33.3%
2 1414
0.0%
3 4139
-4.9%
4 1516
+6.7%
5+ 58
+60.0%

Summary: The Aurora housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2117-19.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 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. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Aurora in May 2024, down by 19.0% month-over-month. Of the 17 sold homes, 59% were sold under asking, 29% were sold at asking, and 12% were sold over asking.

Days on Market for Aurora, MO

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

Average Sale Time

May 2023May 2024CHANGE
39 Days70 Days+77.8%

Summary: Homes in Aurora had an average of 70 days on market in May 2024, up by 77.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 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 May 2024, 17 homes were sold in Aurora; 29% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 29% 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, MO

Nearby Markets to Aurora, MO

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