Aurora, MN Foreclosures
How much do homes sell for in Aurora, MN?
The average home price is currently $196,030.
In Aurora, MN, how many homes are available?
There are currently 9 active home listings available in Aurora.
What’s the average rental cost in Aurora, MN?
The average rental price in Aurora is $1,028.
What is the most expensive home in Aurora?
The most expensive home sold in Aurora had a price of $1,064,920.
What is currently the cheapest priced home in Aurora, MN?
The cheapest home for sale in Aurora is priced at $10,597.
Living in Aurora, MN
Aurora, MN is a charming small town nestled in the beautiful Iron Range, offering a tranquil lifestyle surrounded by nature. Known for its friendly community, Aurora provides access to excellent schools, parks, and numerous outdoor activities, making it a delightful place for families and individuals alike. With rich local heritage and a close-knit environment, Aurora is perfect for those seeking peace away from bustling urban life.
Current Market Conditions in Aurora, MN
The current real estate market in Aurora, MN, shows a steady increase in home prices over the past few months, driven by a rise in demand for housing as more families seek the calm and nurturing environment of this small town. The number of available listings has decreased, creating a seller's market where buyers are often competing for properties. With limited options, homes are selling quickly, often above asking price, indicating strong buyer interest in this picturesque town.
Aurora's real estate market has experienced a noticeable shift in the past year, with prices appreciating significantly as the area attracts more new residents. The demand for homes has outpaced the supply, which is reflected in the increasing values and quicker sales times. The trend indicates a growing popularity of Aurora as people look for more affordable housing options outside of larger urban areas.
Home Value Estimator For Aurora, MN
There are currently 1,711 real estate properties
in Aurora, MN,
with a median automated valuation model (AVM) price
of $164,497.00. 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, MN, 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, MN,
is $196,030.00, with the most expensive house
in Aurora, MN, topping out
at $1,064,920.00 and the cheapest home
in Aurora, MN,
clocking in at $10,597.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Aurora, MN!
Rent Prices
In Aurora, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Aurora, MN, is on
a rollercoaster ride. The
average rent price in Aurora, MN,
is $1,028.00. Indeed, when looking to rent in
Aurora, MN, you can expect to pay as little
as $520.00 or as much
as $2,260.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Aurora, MN
-- 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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