Aurora, OR—97002
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Aurora, OR
As of Oct '25, the median home price in Aurora, OR is $694,000, 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 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $694,000 | -0.5% |
| Single Family | $695,000 | -0.6% |
| 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 | $640,000 | -0.5% |
4 Bed | $842,000 | -0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Aurora, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Aurora, OR is 84. 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,330,000 | 67.0% |
Listing Count | 24 | 28.0% |
| Listings as % of Homes | 0.4% | 28.0% |
Days on Market | 84 | -19.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Aurora, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.3 |
| Median Home Price | $694,000 |
| Median Household Income | $65,700 |