Aurora, OH44202

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$401,000
3.5% YoY Growth
Median Household Income
$117,000
25.8% 5-Year Growth
Days on Market
52
31.0% Longer than last year
Home Price Forecast
1.3%
Median Rent
$2,000
9.1% YoY Growth
1-Bed Rent
$1,670
N/A
2-Bed Rent
$1,850
14.4% YoY Growth
3-Bed Rent
$2,800
13.5% YoY Growth

Property Listings — Aurora, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Aurora, OH is 52. This is a increase of 31.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$566,00012.0%
Listing Count
8833.0%
Listings as % of Homes0.6%33.0%
Days on Market
5231.0%
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Demographics — Aurora, OH

As of the latest ACS Survey released in 2023, Aurora, OH has a population of 22,900, which has increased by 12.0% over the past 5 years. Aurora, OH is a moderately popular place for families, as children make up 23.2% of the population. The area has a highly educated workforce, with 56.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
22,90012.0%
% Under 18
23.2%-0.4%
% Seniors
23.2%22.1%
% WFH
19.7%233.9%
% w/ College Degree
56.4%11.0%
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As of the latest ACS Survey released in 2023, Aurora, OH is a predominantly white area, with 87.2% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Aurora, OH is asian, making up 4.4% of the population. Foreign-born residents account for 6.2% of the population in Aurora, OH, and this percentage has increased by 1.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
87.2%-0.5%
% Black
3.4%-15.0%
% Hispanic
0.9%-66.7%
% Asian
4.4%0.0%
% Foreign Born
6.2%1.6%
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Mortgage and Risk — Aurora, OH

According to HUD data as of 2023, there were 478 mortgage originations in Aurora, OH, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Aurora, OH. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
478
% Conventional Loans
94.0%
% Government Loans
6.0%
% Investor Loans
0.0%
% Second Loans
1.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Aurora, OH

As of 2024, the percent of homes in Aurora, OH under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Aurora, OH, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
6
Total Units Section 8
6
% Rentals under Section 8
0.4%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$340$1,670$1,330
2 Bedroom-$150$1,850$1,700
3 Bedroom-$700$2,800$2,100
4 Bedroom-$540$2,800$2,260

Affordability — Aurora, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$401,000
Median Household Income$117,000

Aurora, OH — ZIP Code Boundary Map

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Frequently Asked Questions