Median price for residential apartments in Aurora, IN as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
27 Aurora, IN, USA apartments for sale
Aurora
According to statistics, the population in Aurora, IN amounts to 3,770, which shows growth 2% compared to the previous year. The median age of the city’s residents is 36. The average household income is $37,808, shifting decline -1% from the past year, and the average property value in Aurora, IN growth 6% to $127,700 throughout the year.
| Population | 3,770 |
| Median Age | 36 |
| Poverty Rate | 15% |
| Household Income | $37,808 |
| Number Of Employees | 1,698 |
| Median Property Value | $127,700 |
Household Income
The average household income in Aurora, IN declined from $38,094 to $37,808 in the past year. This data is an estimate based upon 1,487 households in Aurora, IN . The chart below presents how household income is distributed in Aurora, IN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Aurora, IN shifted from $120,300 to $127,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Aurora, IN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Aurora, IN properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Aurora, IN compared to median property taxes around the country. The prevalent amount of property taxes in Aurora, IN equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Aurora, IN, USA
Average apartment sale in Aurora: $314,447 (+20.1%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $622,300 | +32.7% |
| 1-bed apartments | $30,000 | N/A |
| 2-bed apartments | $99,500 | -14.6% |
| 3-bed apartments | $174,676 | -8.6% |
| 4+ bed apartments | $344,181 | +13% |
During Nov 2022, the average price for an apartment in/near Aurora, IN increased by 20.1% to $314,447.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $30,000 with no changes this month. Asking price for 2-bed apartment also decreased by 14.6% and a place of this size will now cost you $99,500. A 3-bed apartment goes for $174,676, it decreased by 8.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 13% and made it up to $344,181.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Lofts for sale | $340,000 | N/A |
| Houses for sale | $242,011 | +22.9% |
| Land for sale | $622,300 | +32.7% |
Price reports demonstrate that house price increased by 22.9% this month making it up to $242,011. The price statistics of lofts have not significantly changed, it now still goes for $340,000.