Is Aurora, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Aurora has remained a Seller's Market.
Housing Prices in Aurora, OH
How much do homes in Aurora, OH cost?
Median Sold Price
$397,150
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Aurora was $397,150 in April 2024, up 10.2% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $277K | $287.4K | +3.8% |
3 Bedrooms | $315K | $363K | +15.2% |
4 Bedrooms | $463K | $499K | +7.8% |
5+ Bedrooms | $596.5K | $588K | -1.4% |
Summary: Aurora housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
Auburn Township | $425K | $494.5K | +16.4% |
Streetsboro | $222.2K | $255.6K | +15.0% |
Aurora | $360.3K | $397.1K | +10.2% |
Bainbridge Township | $425K | $454.9K | +7.0% |
Mantua Township | $260K | $255.5K | -1.7% |
Housing Supply in Aurora, OH
How many homes are available in Aurora, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 76 | +20.6% |
Summary: The Aurora real estate market had 76 homes for sale in April 2024, a 20.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 28 | 36 | +28.6% |
4 Bedrooms | 22 | 25 | +13.6% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Aurora housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 24 | +33.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Aurora in April 2024, up by 33.3% month-over-month. Of the 24 sold homes, 42% were sold under asking, 21% were sold at asking, and 38% were sold over asking.
Days on Market for Aurora, OH
How long does it take to sell a home in Aurora, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 35 Days | +11.3% |
Summary: Homes in Aurora had an average of 35 days on market in Apr 2024, up by 11.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Aurora; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.