Aurora, IA Foreclosures
Current Market Conditions in in Aurora, IA As of March 2026?
Over the past month, Aurora's real estate market has continued to experience an uptick in activity, with several properties being purchased quickly as buyers are drawn to the area's affordability compared to larger metropolitan areas. Interest rates have slightly fluctuated but remain favorable, encouraging potential homeowners to take advantage of the current market. As a result, sellers are receiving multiple offers and homes are being listed at higher price points than seen previously, indicating a robust demand for real estate in the region.
How much do homes sell for in Aurora, IA?
The average home price is currently $247,180.
What’s the average rental cost in Aurora, IA?
The average rental price in Aurora is $1,142.
What is the most expensive home in Aurora?
The most expensive home sold in Aurora had a price of $1,213,494.
What is currently the cheapest priced home in Aurora, IA?
The cheapest home for sale in Aurora is priced at $13,079.
Living in Aurora, IA
Aurora, IA is a charming small town with a strong sense of community and a beautiful rural setting. The area offers a peaceful lifestyle with access to various outdoor recreational opportunities, local shops, and friendly neighbors. Its location provides convenient access to larger towns while maintaining a tranquil atmosphere.
Buyer vs Seller Market in Aurora, IA
The current real estate market in Aurora shows signs of growth, with a steady demand for homes and an increase in property values. As families and individuals seek more affordable housing options outside of major cities, Aurora's charm and community atmosphere have attracted new buyers, leading to a competitive market.
With limited housing inventory, the market is favoring sellers, as homes are selling quickly and often above asking price. The average time on the market has decreased, reflecting the increasing popularity of the area.
Home Value Estimator For Aurora, IA
There are currently 256 real estate properties
in Aurora, IA,
with a median automated valuation model (AVM) price
of $209,153.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Aurora, IA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Aurora, IA,
is $247,180.00, with the most expensive house
in Aurora, IA, topping out
at $1,213,494.00 and the cheapest home
in Aurora, IA,
clocking in at $13,079.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Aurora, IA!
Rent Prices
In Aurora, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Aurora, IA, is on
a rollercoaster ride. The
average rent price in Aurora, IA,
is $1,142.00. Indeed, when looking to rent in
Aurora, IA, you can expect to pay as little
as $740.00 or as much
as $1,810.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Aurora, IA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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