Aurora, SD—57002
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Aurora, SD
As of Oct '25, the median home price in Aurora, SD is $283,000, with a year-over-year change of 3.9%. This indicates that home prices in Aurora, SD are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | 3.9% |
| Single Family | $283,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $274,000 | 3.8% |
3 Bed | $271,000 | 4.2% |
4 Bed | $306,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Aurora, SD
As of July '25, Rentcast reports the average rent in Aurora, SD is $1,460, with a year-over-year rent change of 62.2%. Per bedroom, the median rent as of July '25 in Aurora, SD is 2-bedrooms: $1,460. The most common rental property sizes in Aurora, SD are 2-bedroom and 1-bedroom, accounting for 54.1% and 21.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,420 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,420 | $1,460 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Aurora, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Aurora, SD is 67. This is a increase of 50.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $339,000 | -5.0% |
Listing Count | 11 | 122.0% |
| Listings as % of Homes | 0.4% | 122.0% |
Days on Market | 67 | 50.0% |
Demographics — Aurora, SD
As of the latest ACS Survey released in 2023, Aurora, SD has a population of 1,620, which has increased by 49.8% over the past 5 years. Aurora, SD is a moderately popular place for families, as children make up 23.8% of the population. The area has a moderately educated workforce, with 41.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,620 | 49.8% |
% Under 18 | 23.8% | -28.7% |
% Seniors | 7.8% | -15.2% |
% WFH | 11.1% | 65.7% |
% w/ College Degree | 41.9% | 31.3% |
As of the latest ACS Survey released in 2023, Aurora, SD is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Aurora, SD is hispanic, making up 5.0% of the population. Foreign-born residents account for 4.3% of the population in Aurora, SD, and this percentage has increased by 290.9% 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 | 87.4% | -3.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 5.0% | -21.9% |
% Asian | 1.5% | 1,400.0% |
% Foreign Born | 4.3% | 290.9% |
Mortgage and Risk — Aurora, SD
According to HUD data as of 2023, there were 60 mortgage originations in Aurora, SD, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Aurora, SD. 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Aurora, SD
Aurora, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | -$510 | $1,420 | $910 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,540 |
Affordability — Aurora, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $283,000 |
| Median Household Income | $87,100 |