Live Market Snapshot · 2026-05-01Data source · CREA MLS® HPI · May 2026

Condos for Sale in Aurora
Under $500K

Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Aurora this band: $475K · 24 active · avg 28 days on market.

Median List Price

$475K

Active Listings

24

Avg Days on Market

28 days

YoY Change

-9.1%

6-Month Median Price Trend

Dec

$483K

Jan

$483K

Feb

$483K

Mar

$483K

Apr

$483K

May

$484K

What is the average condo price in Aurora in 2026?

The benchmark price for a condo in Aurora in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 24 active listings, moving in an average of 28 days on market. Prices are down 9.1% year-over-year.

Is Aurora a buyer's or seller's market right now?

Aurora is currently a balanced market for condos in this band. Inventory is turning over in 28 days with prices down 9.1% year-over-year. Neither side has decisive leverage right now.

Families helped in Aurora

30+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Reverse mortgage explained without the sales hype. We got the funds and kept the house.
James K., Retiree, Aurora

What $475K gets you in Aurora.

Condos in Aurora priced under $500k are tracking against a CREA MLS® HPI benchmark of $539K for the greater toronto area. Within this band the median list comes in near $475K — down 9.1% year-over-year. Active inventory is moving in roughly 28 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Aurora Village, Aurora

$490K

2 bed2 bath780 sqft
Hills of St. Andrew, Aurora

$489K

2 bed2 bath780 sqft
Aurora Heights, Aurora

$490K

2 bed2 bath780 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Aurora Condo FAQ

What is the median price for condos in Aurora under $500k?

As of 2026-05-01, the median list price for condos in Aurora priced under $500k sits at approximately $475K based on active MLS inventory.

How many condos are currently for sale in Aurora in this price range?

There are roughly 24 active condos for sale in Aurora priced under $500k. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in Aurora?

Condos in Aurora priced under $500k are averaging 28 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Aurora condo prices going up or down?

Year-over-year median condo prices in Aurora (this band) are down 9.1%. Six-month trend data is available on this page.

What mortgage do I need to buy a condo at this price in Aurora?

On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

See every active condo in Aurora under $500k.

24 active listings · median $475K. A licensed Aurora advisor sends the live list within 1 business hour.

Condos in Aurora Under $500K

Median $475K · 24 active

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Step 2 · Lock in financing

Get pre-approved for a $380K mortgage.

Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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