Aurora, OR 97002 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Aurora, OR—97002

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$698,000

0.5% YoY Growth

Household Income

$65,700

8.2% YoY Growth

Days on Market

105

14.0% Shorter YoY

Home Price Forecast

0.7%

Median Rent

$2,900

51.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Aurora, OR

As of Dec '25, the median home price in Aurora, OR is $698,000, with a year-over-year change of -0.5%. This indicates that home prices in Aurora, OR are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$698,000	-0.5%
Single Family	$697,000	-0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Aurora, OR

As of July '25, Rentcast reports the average rent in Aurora, OR is $2,900, with a year-over-year rent change of 51.0%. Per bedroom, the median rent as of July '25 in Aurora, OR is 4-bedrooms: $2,900. The most common rental property sizes in Aurora, OR are 2-bedroom and 3-bedroom, accounting for 47.0% and 30.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,900	$2,900
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	$2,900	$2,900

Loading chart...

% of Rental Stock

1 Bedroom

1.5%

2 Bedrooms

47.0%

3 Bedrooms

30.8%

4 Bedrooms

19.9%

5+ Bedrooms

1.0%

Property Listings — Aurora, OR

As of Dec '25, Realtor.com reports that the median days on market for a home in Aurora, OR is 87. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$901,000	48.0%
Listing Count	19	22.0%
Listings as % of Homes	0.4%	22.0%
Days on Market	105	-14.0%

Loading chart...

Demographics — Aurora, OR

As of the latest ACS Survey released in 2023, Aurora, OR has a population of 6,470, which has increased by 11.6% over the past 5 years. Aurora, OR is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 24.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,470	11.6%
% Under 18	21.4%	10.3%
% Seniors	21.6%	-4.8%
% WFH	16.2%	100.0%
% w/ College Degree	24.1%	-24.5%

Loading chart...

As of the latest ACS Survey released in 2023, Aurora, OR is a predominantly white area, with 72.2% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Aurora, OR is hispanic, making up 19.7% of the population. Foreign-born residents account for 13.6% of the population in Aurora, OR, and this percentage has increased by 34.7% 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	72.2%	-7.7%
% Black	1.2%	140.0%
% Hispanic	19.7%	1.5%
% Asian	0.8%	-11.1%
% Foreign Born	13.6%	34.7%

Loading chart...

Mortgage and Risk — Aurora, OR

According to HUD data as of 2023, there were 57 mortgage originations in Aurora, OR, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Aurora, OR. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	57
% Conventional Loans	70.0%
% Government Loans	30.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	4.0%

Loading chart...

Rentals and Section 8 — Aurora, OR

Aurora, OR lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	0.5%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,600
2 Bedroom	N/A	N/A	$1,830
3 Bedroom	N/A	N/A	$2,530
4 Bedroom	$30	$2,900	$2,930

Aurora, OR—97002

Key Metrics at a Glance

Home Price Trends — Aurora, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Aurora, OR

% of Rental Stock

Property Listings — Aurora, OR

Demographics — Aurora, OR

Race and Ethnicity

Mortgage and Risk — Aurora, OR

Mortgages

Rentals and Section 8 — Aurora, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Aurora, OR

Home Price to Income Ratio

Aurora, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Donald, OR

Hubbard, OR

Wilsonville, OR

Woodburn, OR

Canby, OR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	10.4
Median Home Price	$698,000
Median Household Income	$65,700

Aurora, OR—97002

Key Metrics at a Glance

Home Price Trends — Aurora, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Aurora, OR

% of Rental Stock

Property Listings — Aurora, OR

Demographics — Aurora, OR

Race and Ethnicity

Mortgage and Risk — Aurora, OR

Mortgages

Rentals and Section 8 — Aurora, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Aurora, OR

Home Price to Income Ratio

Aurora, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Donald, OR

Hubbard, OR

Wilsonville, OR

Woodburn, OR

Canby, OR

Frequently Asked Questions

What is the average home price in Aurora, OR 97002?

How have home prices in Aurora, OR 97002 changed over the past year?

What is the home price projection for Aurora, OR 97002?

What are the demographics of Aurora, OR 97002?

How long does it take homes to sell in Aurora, OR 97002?

What is the average rent price in Aurora, OR 97002?