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AURORA, MN 55705

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The AURORA, MN real estate market (55705) currently shows 15 active listings, with 6 pending sales. Homes are averaging 146 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 146 days on market compared to 95 days last year.

The median listing price has risen 0.8% year-over-year, from $164,900 to $166,175.

Whether you are buying or selling in AURORA, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,235  ·  Density: 15.0/mi²  ·  Median household income: $53,359

Typical home value: $109,605  ·  Homeownership: 85.8%

Market Overview

Active Listings
15
⇩ 16.7% vs 18 last year
Pending
6
40% pending ratio
Median Price
$166,175
⇧ 0.8% vs $164,900 last year
Average Price
$177,519
⇩ 10.4% vs $198,088 last year
Days on Market
146
⇧ 53.7% vs 95 days last year

Price Per Square Foot

Median $/sqft
$114
⇩ 7.3% vs $123/sqft last year
Median Home Size
1,305 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 18 last year
  • Days on market: 146 now vs 95 last year

Median & Average Pricing

Year over Year
  • Median: $166,175 (+0.8% YoY)
  • Average: $177,519 (-10.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 36.0 miles — 163 listings ($42,384,975 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55705Aurora, MN 557050.0 mi17$3,330,113$181,950$195,889
55708Biwabik, MN 557086.7 mi4$519,768$125,475$129,942
55750Hoyt Lakes, MN 5575012.5 mi7$1,968,547$168,050$281,221
55792Virginia, MN 5579214.4 mi33$5,323,593$133,500$161,321
55602Brimson, MN 5560218.2 mi4$1,151,700$291,175$287,925
55768Mountain Iron, MN 5576820.2 mi3$802,500$275,500$267,500
55724Cotton, MN 5572420.9 mi4$1,653,000$413,250$413,250
55710Britt, MN 5571024.3 mi2$875,000$437,500$437,500
55782Soudan, MN 5578224.6 mi3$291,000$97,000$97,000
55719Chisholm, MN 5571929.2 mi17$2,501,244$134,500$147,132
55803Duluth, MN 5580331.1 mi24$14,521,368$595,000$605,057
55746Hibbing, MN 5574634.2 mi41$8,641,242$159,900$210,762
55607Isabella, MN 5560736.0 mi4$805,900$190,975$201,475

Frequently Asked Questions

How many homes are for sale in AURORA, MN 55705?

As of March 2026, there are 15 active listings in AURORA, MN (zip code 55705), compared to 18 the prior year.

What is the median home price in AURORA, MN 55705?

The median listing price in AURORA, MN 55705 is $166,175 as of March 2026, a 0.8% increase from $164,900 the prior year.

How long do homes stay on the market in AURORA, MN?

Homes in AURORA, MN 55705 spend an average of 146 days on the market before going under contract, compared to 95 days the prior year.

Is it a seller's or buyer's market in AURORA, MN 55705?

Based on current inventory and days-on-market data as of March 2026, AURORA, MN 55705 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 146 days on market compared to 95 days last year.

How much can I save on real estate commission in AURORA, MN?

With SELL123.com's maximum 3% commission, sellers in AURORA, MN 55705 save an estimated $3,324 compared to a typical 5% commission on the median listing price of $166,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.