Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 6,023, 2,387 total housing units (homes and apartments), and a median house value of $443,329, East Aurora real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in East Aurora, accounting for 64.00% of the village's housing units. Other types of housing that are prevalent in East Aurora include duplexes, homes converted to apartments or other small apartment buildings ( 20.68%), large apartment complexes or high rise apartments ( 12.56%), and a few row houses and other attached homes ( 2.76%).
The most prevalent building size and type in East Aurora are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 64.93% owning and 35.07% renting.
The housing in East Aurora was primarily built before 1939 ( 48.03%), making the housing stock in East Aurora some of the oldest overall in America, although there is a range of ages of homes in East Aurora. The next most important housing age is between 1940-1969 ( 28.42%), followed by between 1970-1999 ( 19.23%). There's also some housing in East Aurora built between 2000 and later ( 4.33%).
Appreciation rates for homes in East Aurora have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 95.23%, which ranks in the top 50% nationwide. This equates to an annual average East Aurora house appreciation rate of 6.92%.
Over the last year, East Aurora appreciation rates have trailed the rest of the nation. In the last twelve months, East Aurora's appreciation rate has been 4.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Aurora were at 2.79%, which equates to an annual appreciation rate of 11.65%.
Relative to New York, our data show that East Aurora's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.
$443,329
for New york
for nation
2,387
$1,612 / per month