Aurora, NC—27806
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Aurora, NC
As of Nov '25, the median home price in Aurora, NC is $132,000, with a year-over-year change of -3.9%. This indicates that home prices in Aurora, NC are decreasing. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $132,000 | -3.9% |
| Single Family | $132,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Aurora, NC
Aurora, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Aurora, NC
As of Nov '25, Realtor.com reports that the median days on market for a home in Aurora, NC is 152. This is a increase of 80.0% 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 | $440,000 | 52.0% |
Listing Count | 20 | 90.0% |
| Listings as % of Homes | 0.6% | 90.0% |
Days on Market | 152 | 80.0% |
Demographics — Aurora, NC
As of the latest ACS Survey released in 2023, Aurora, NC has a population of 2,200, which has decreased by -17.5% over the past 5 years. Aurora, NC is a moderately popular place for families, as children make up 18.1% of the population. The area has a poorly educated workforce, with 8.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,200 | -17.5% |
% Under 18 | 18.1% | -4.7% |
% Seniors | 25.8% | -8.2% |
% WFH | 6.1% | 35.6% |
% w/ College Degree | 8.3% | -36.6% |
As of the latest ACS Survey released in 2023, Aurora, NC is a predominantly white area, with 47.9% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in Aurora, NC is black, making up 42.9% of the population. Foreign-born residents account for 0.7% of the population in Aurora, NC, and this percentage has decreased by 72.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 47.9% | -7.9% |
% Black | 42.9% | 4.1% |
% Hispanic | 4.5% | -6.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.7% | -72.0% |
Mortgage and Risk — Aurora, NC
According to HUD data as of 2023, there were 28 mortgage originations in Aurora, NC, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Aurora, NC. Investor activity is low, as 0.0% 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 | 28 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 4.0% |
Rentals and Section 8 — Aurora, NC
Aurora, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Aurora, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $132,000 |
| Median Household Income | $44,300 |