Is Aurora, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Aurora has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | $80K | +45.5% |
2 Bedrooms | $96K | $88K | -8.3% |
3 Bedrooms | $166.9K | $172K | +3.1% |
4 Bedrooms | $249K | $257.3K | +3.4% |
5+ Bedrooms | $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 | $154K | $159.5K | +3.6% |
Aurora Township | $154.5K | $159.5K | +3.2% |
Housing Supply in Aurora, MO
How many homes are available in Aurora, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
78 | 81 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 41 | 39 | -4.9% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 5 | 8 | +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 2024 | May 2024 | CHANGE |
---|---|---|
21 | 17 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 70 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
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.