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Aurora, IN Real Estate


According to census data in the year 2000 there were 1,714 housing units in Aurora. This represents a 7.2% growth from 1,599 in 1990.

Of those housing units, 1,705 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.

Homeownership rate in Aurora is about 57.5%. Aurora's vacancy rate, including seasonal lodging, is about 7.4%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Aurora were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom15.80%
Two Bedrooms28.20%
Three Bedrooms43.10%
Four Bedrooms8.70%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1949
Median Value of occupied units$87,300
Median Price asked for vacant units$57,100

Rented Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1947
Median Monthly Rent asked for vacant units$355

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan11.60%
Simple Mortgage49.20%
Debt Free35%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%