Aurora, IN—47001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Aurora, IN
As of Oct '25, the median home price in Aurora, IN is $269,000, with a year-over-year change of 3.2%. This indicates that home prices in Aurora, IN are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $269,000 | 3.2% |
| Single Family | $269,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $202,000 | 3.6% |
3 Bed | $275,000 | 3.4% |
4 Bed | $324,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Aurora, IN
As of July '25, Rentcast reports the average rent in Aurora, IN is $1,350, with a year-over-year rent change of 12.5%. Per bedroom, the median rent as of July '25 in Aurora, IN is 2-bedrooms: $1,250, 3-bedrooms: $1,450. The most common rental property sizes in Aurora, IN are 1-bedroom and 3-bedroom, accounting for 34.0% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,250 |
| 3 Bed Rent | $1,200 | $1,450 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Aurora, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Aurora, IN is 43. This is a increase of 11.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $297,000 | 19.0% |
Listing Count | 26 | 77.0% |
| Listings as % of Homes | 0.3% | 77.0% |
Days on Market | 43 | 11.0% |
Demographics — Aurora, IN
As of the latest ACS Survey released in 2023, Aurora, IN has a population of 10,400, which has increased by 1.1% over the past 5 years. Aurora, IN is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | 1.1% |
% Under 18 | 18.6% | -2.6% |
% Seniors | 16.8% | -2.3% |
% WFH | 4.1% | 78.3% |
% w/ College Degree | 17.5% | 7.4% |
As of the latest ACS Survey released in 2023, Aurora, IN is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Aurora, IN is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.8% of the population in Aurora, IN, and this percentage has increased by 38.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.6% | -4.9% |
% Black | 0.1% | -75.0% |
% Hispanic | 2.9% | 480.0% |
% Asian | 0.9% | 80.0% |
% Foreign Born | 1.8% | 38.5% |
Mortgage and Risk — Aurora, IN
According to HUD data as of 2023, there were 145 mortgage originations in Aurora, IN, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Aurora, IN. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 145 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Aurora, IN
Aurora, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 39 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | -$60 | $1,200 | $1,140 |
| 3 Bedroom | $310 | $1,200 | $1,510 |
| 4 Bedroom | N/A | N/A | $1,670 |
Affordability — Aurora, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $269,000 |
| Median Household Income | $72,600 |