Blog
How is the real estate market in Aurora, CO right now? It’s shifting from the red-hot conditions of recent years to a more balanced environment. Here’s what you need to know:
After years of intense competition, the market is cooling. Increased inventory and longer market times mean price drops are more common. For buyers, this brings less pressure and more negotiating power. For sellers, strategic pricing and presentation are key. While still competitive, it’s no longer the feeding frenzy of 2021-2022.
Affordability remains a major challenge, with housing costs outpacing income and mortgage rates around 7%. The hours of work needed to afford a mortgage have increased dramatically.
Despite this, Aurora attracts buyers with its proximity to major employment centers like Denver International Airport, Buckley Space Force Base, and the Anschutz Medical Campus. New developments are also expanding housing options.
I’m Brett Johnson, a licensed Colorado real estate agent and owner of New Era Home Buyers. Having steerd the Aurora market through multiple cycles, I understand what strategies work for buyers and sellers. Understanding these dynamics is crucial for your next move.
If you’re wondering how is the real estate market in Aurora, CO shaping up this year, the market is finding its balance after several years of intense heat.
The median sale price in Aurora sits around $489,000. Reports vary, with some showing a slight year-over-year uptick (1.5% to 2.8%) and others a modest decrease (3.2% to 4.8%). This indicates the market is stabilizing rather than crashing.
The price per square foot is around $269. Prices vary significantly by property type; for example, one-bedroom homes sell for around $215,000, while five-bedroom homes are closer to $675,000. The market has something for almost every budget, which is part of its appeal.
The days of homes selling within hours are mostly behind us. The median days on market now ranges from 21 to 52 days, a significant increase from last year. This gives buyers more time to make decisions.
The sale-to-list price ratio hovers around 98.8%, meaning homes sell very close to their asking price. About 23% to 26% of homes still sell above list price, but this is far less common than during the market’s peak.
Let me paint you a clearer picture with some real numbers:
| Metric | Current (2025) | Year-over-Year Change |
|---|---|---|
| Median Sale Price | ~$489,000 | -3% to +2% |
| Median Days on Market | 21-52 days | +32% to +104% |
| Number of Homes Sold | ~550/month | +8% to +18% |
This table shows a market that’s cooling down but still moving. More homes are selling, but they’re taking longer to find the right buyer. Sellers need to be realistic about pricing, and buyers have some negotiating room. It’s not the feeding frenzy of 2022, but it’s also not a buyer’s paradise. The conditions are more balanced than they’ve been in quite a while.
If you’re wondering how is the real estate market in Aurora, CO is balancing buyers and sellers, the short answer is: it’s still a seller’s market, but the playing field is leveling out into a “somewhat competitive” environment.
The biggest change is that there are more homes to choose from. We’re seeing between 2,548 and 2,812 homes for sale, a significant 34.5% year-over-year increase. New listings are also up 14.4%, giving buyers more options.
The months of supply metric tells this story well, now at approximately 2.75 months. While this is still technically a seller’s market (a balanced market is 5-6 months), the trend is clearly moving toward equilibrium.
Aurora’s housing supply deficit has been nearly closed after years of proactive development. To maintain this balance and accommodate growth, Aurora needs 1,166 to 1,804 new building permits annually through 2028, a promising sign for long-term stability.
The Redfin Compete Score of 57 earns Aurora a “somewhat competitive” rating. In practical terms, homes receive an average of 2 offers, a far cry from the bidding frenzies of a couple of years ago.
A clear sign of returning buyer power is the prevalence of price drops. Between 36.4% and 42.9% of listings have seen price reductions, indicating sellers are becoming more realistic.
That said, “hot homes” in desirable neighborhoods still move quickly, sometimes going pending in about 14 days for 1% above list price. However, these are the exception, not the rule. Bidding wars haven’t disappeared, but they’re no longer the default experience. Sellers need to price correctly, and buyers have options.
The bottom line: the market has found a middle ground. Sellers still have an advantage, but buyers have regained their footing in a market where strategy matters more than desperation.
To understand how is the real estate market in Aurora, CO will evolve, you need to look at the key drivers shaping demand and growth.
Consistent housing demand in Aurora is fueled by several key advantages.
Location is a primary driver. The city is adjacent to some of the Denver metro area’s largest employers, including Denver International Airport, Buckley Space Force Base, and the expanding Anschutz Medical Campus. These create a steady stream of people looking for homes nearby.
People are still moving here. Aurora continues to grow, attracting residents from the Denver metro and across the country. To meet this demand, Aurora has acceptd new construction. Master-planned communities like Aurora Highlands and Painted Prairie are adding modern homes and creating vibrant new neighborhoods, helping to close the city’s previous housing supply deficit.
Aurora’s quality of life, with its solid schools (research options at GreatSchools), parks, and diverse community, also influences buying decisions.
Aurora’s market fundamentals remain strong. The market is projected to see over 8,000 sales this year, with expectations for steady, sustainable growth in the near future. Statewide trends suggest continued, moderate property value increases, which is healthier for the market long-term than the recent pandemic-era frenzy.
Interest rates remain a significant factor. With mortgage rates around 7%, financing costs are higher, which has contributed to the market’s cooling phase. Buyers are adjusting their budgets, but Colorado’s strong economy, job growth, and quality of life continue to attract new residents. Aurora, as a key part of the metro area, benefits directly from these advantages. While 20% annual appreciation is a thing of the past, steady growth is expected.
For sellers who need certainty, selling your house fast in Aurora for cash can bypass market uncertainties. If you’re curious about how we buy houses in Denver, our process is straightforward—no repairs, commissions, or waiting.
The Aurora real estate market presents both challenges and opportunities for buyers, sellers, and investors.
Affordability is the primary challenge in Aurora today. Home affordability has plummeted 122% since 2013, making this the least affordable market in over 20 years as housing costs have outpaced wages.
The “Homebuyer Misery Index,” which combines prices and mortgage rates, highlights this issue. It now takes an estimated 84 hours of work at the average wage to cover a monthly mortgage payment, a 54.4% increase in just 30 months. With mortgage rates around 7%, the total cost of homeownership is a significant burden for many.
If you’re a homeowner feeling squeezed by these conditions and need a clean break, we can help. At New Era Home Buyers, we buy homes as-is for cash. Learn more about selling your house in Aurora.
Despite the affordability crunch, Aurora offers solid opportunities.
Long-term appreciation is likely, thanks to continued population growth, major employers, and new developments.
The rental market in Aurora is remarkably strong. High demand keeps occupancy rates high: 1-bedroom apartments have a 95% occupancy rate (renting for ~$1,200), 2-bedrooms have 93% occupancy (~$1,500), and single-family homes have 90% occupancy (~$2,000). This means rental properties can generate consistent income.
For investors, with 36% to 43% of homes seeing price drops, there are deals on properties that need work. Renovation projects on single-family homes can yield returns of 20% to 30%.
However, investors must consider environmental risks. Aurora has a minor flood risk (5% of properties), a moderate wildfire risk (71% of properties), and a minor wind risk from tornadoes. There is also a moderate heat risk, with a projected 157% increase in days over 91°F in the next 30 years. You can learn more about these on First Street™: Flood Factor, Fire Factor, Wind Factor, and Heat Factor. Smart investors plan for these risks with proper insurance and financial cushions.
If you’re exploring opportunities throughout the metro area, learn how we buy houses in Denver.
When you’re trying to figure out how is the real estate market in Aurora, CO, certain questions come up frequently.
For many, yes. The current market favors buyers more than it has in years. You have more homes to choose from due to a 34% jump in inventory, and competition has cooled considerably. The exhausting bidding wars are now rare, giving you time to negotiate and perform due diligence.
The main challenge is mortgage rates around 7%, which increases monthly payments. However, you can refinance when rates eventually drop. If you plan to stay in the area for at least five years, buying now allows you to start building equity. Aurora’s solid fundamentals—steady population growth and major employers—point to long-term appreciation. If your finances are in order, this market offers a chance to make a smart decision without the panic of previous years.
Prices are not dropping dramatically; instead, they are stabilizing. We’re seeing a slight year-over-year adjustment, with some reports showing prices down 3-5% and others up 1-3%. This indicates a market correction, not a crash.
A more telling sign is that 36% to 43% of homes have had price reductions after listing. This shows sellers are adjusting to the new market reality. The market is cooling to a more sustainable level, with prices remaining strong by historical standards.
Aurora’s biggest advantage is affordability. You get more house for your money compared to Denver, where median prices are consistently higher. This can mean an extra bedroom or a bigger yard for the same budget.
You don’t sacrifice convenience for this affordability. The commute to Denver is straightforward, and for those working at Denver International Airport or the Anschutz Medical Campus, an Aurora home is often closer to work.
Aurora also has its own distinct identity with diverse neighborhoods, from modern master-planned communities to established areas. It offers excellent schools, parks, and a vibrant, welcoming community.
For homeowners needing to move quickly, we offer a different path. We buy homes as-is for cash, with no repairs, commissions, or closing costs. Learn how to sell your house fast.
So, how is the real estate market in Aurora, CO? It’s a market in transition, offering new opportunities for buyers and sellers.
The frantic, overheated conditions have been replaced by a more balanced environment. Increased inventory, longer market times, and common price adjustments signal a healthy correction, not a crash. The median home price of around $489,000, while a slight dip from peak levels, keeps Aurora an attractive option in the Denver metro.
For buyers, this means more breathing room and negotiating power. For sellers, success now hinges on realistic pricing and good presentation. While affordability is a challenge with mortgage rates around 7%, Aurora’s strong job market and steady growth support long-term home values.
If you’re a homeowner who needs to sell fast—due to relocation, financial challenges, or an inherited property—the traditional process can be overwhelming. Repairs, showings, and negotiations take time and money.
That’s why we started New Era Home Buyers. We buy homes as-is for cash. This means no repairs, no commissions, no closing costs, and no uncertainty. If you need certainty and speed, we provide a straightforward solution. Learn how to sell your house fast.
The Aurora market offers a valuable opportunity right now. Whether you’re a buyer, seller, or investor, understanding these dynamics helps you make choices that serve your needs. Real estate decisions are personal, and the “perfect” time to act is when it aligns with your life. If you have questions about your specific situation, we’re here to help you steer the complexities with honesty and clarity.