Is Aurora, MN 55705 a buyer’s or seller’s market?
Aurora is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Aurora housing market right now
In the three months ending August 31, 2026, 0% of homes in Aurora, MN 55705 sold above their list price, the typical home went under contract in 54 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold faster (60 days then) and the median sale price fell 10% to $181,421. Overall, Aurora is less competitive than a year ago, which gives buyers more room.
Within St. Louis County, homes here sell more slowly than in 81% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Angora 55703 (100% sold over asking) and Buhl 55713 (100% sold over asking) are even more competitive.
Run the numbers for 55705
Nearby markets
Alborn 55702 — /sq ftAngora 55703Buyer’s market $121 /sq ftBabbitt 55706Seller’s market $91 /sq ftBiwabik 55708Seller’s market $204 /sq ft Browse all markets →Towns like Aurora nearby
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Questions about Aurora real estate
Is Aurora a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Aurora, MN 55705 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Aurora?
The typical home went under contract in 54 days in the latest three months.
Do homes in Aurora sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.
What are property taxes in Aurora?
About 1.03% of a home’s value a year in St. Louis County, or roughly $4,120 on a $400,000 home.
What is the median home price in Aurora?
The median sale price was $181,421 in the three months ending August 31, 2026, about $129 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology