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Aurora real estate market overview
- Average Monthly Rent: $1,727
- Home Price/Value Percentage Change: -1.60%
- Median Home Value: $479,728
- Best Time To Sell a Home: July
- Affordability Index: Moderate
- Days To Sell a House: 58
- Job Market: Fair
- Public School Ranking: 24
Location and weather
Known to be the ideal place for an outdoor lifestyle, the city of Aurora has over 100 parks and more than 6,000 acres of natural areas. Aurora is one of the principal cities of the Colorado Metropolitan Statistical Area. The city attracts more than 30 regional and national sports tournaments annually to its fields, including the 220-acre Aurora Sports Park.
Aurora summers are mild, with the cold and snowy winters that Colorado is best known for. Summer temperatures are in the 80's, with lows in the 60's. The winters are dry and cold, with high temperatures in the 50's and low temperatures in the 20's.
Population, job market and cost of living
Aurora's population in 2023 is 414,615, with a growth rate of 1.54%.
The job growth has decreased by -4.89% over the last year and in ten years, is predicted to have increased by 42.52%. The largest employers are UCHealth, Children's Hospital Colorado, Aurora Public Schools, Graebel Companies and City of Aurora.
Like Denver, Aurora has a high cost of living due to the real estate market and high cost of available housing. With its residential neighborhoods, mountainous scenery, proximity to Denver, and strong outdoor sports culture, Aurora will continue to attract more people who want an open air lifestyle.
Aurora real estate market details
- Saddle Rock Golf Club
- Meadow Hill
- Heather Gardens
- Seven Hills
The average monthly rent in Aurora is $1,727 for an average apartment size of 854 sq. feet.
There has been an -1.6% decrease in median home value over the last year. As of 2023, the median home value is $479,728.
On average, homes in Aurora sell after 58 days on the market.
The best time to sell a home for the highest valued sale is during July. For the quickest sale, homeowners should sell in July.
The affordability index in Aurora is 119. This number indicates moderate affordability in this city.
The top ranked public schools are Grandview High School, Cherokee Trail High School, New Legacy charter School, Eaglecrest High School and Smoky Hill High School. This information is based on data measuring academic performance and equity.