Aurora Real Estate Market Overview
Average Monthly Rent:
$1,359
Percentage Change in Home Price/Value:
3.50%
Median Home Value:
$329,900
Best Time To Sell Home:
June
Affordability Index:
109.2
Days To Sell House:
48.833
Job Market:
Fair
Public School Ranking:
17
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 2018 was 374,114, with a growth rate of 1.87%. The job growth has increased by 2.75% over the last year and in ten years, is predicted to have increased by 42.52%.
The largest employers are OSI Group, Andy Frain Services, and TechKnives. 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.
