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Aurora First-Time Home Buyers: A Realtor's Guide

First-time buyers in Aurora, CO: 1249 homes listed at $500K or less today, what entry homes sold for, HOA and metro district costs, CHFA help.

Can a first-time buyer afford Aurora?

Yes. Aurora has more entry-price homes for sale than any other Denver suburb we write a first-time buyer guide for, including hundreds of detached houses. First-time home buyers in Aurora had 1,249 homes listed at $500,000 or less on November 6, 2026, out of 1,893 for sale, and 1,679 at $700,000 or less. In the 12 months to Nov 3, 2026, 1,772 of 3,882 Aurora sales closed at $500,000 or less (46%). REALTOR® Brian Lee Burke, the hardest working man in real estate, and our team of real estate agents at The Kenna Group at Keller Williams DTC wrote this Aurora Realtor guide from today’s MLS numbers, so you know what a first budget buys before you tour. Call or text 303-955-4220. A live person answers.

Aurora Realtors & real estate agents · Best first-time home buyer Realtors in Denver · CHFA down payment assistance

Short answer

What does a first home cost in Aurora?

On Nov 6, 2026, 696 of the 1,249 Aurora listings at $500,000 or less were townhomes or condos and 515 were houses. Homes with two bedrooms or fewer sold at a median of $410,000 over the past 12 months, and three-bedroom homes at $470,012.

What first-time buyers find in Aurora today

1,249

listed at $500K or less, Nov 6, 2026

1,679

listed at $700K or less

1,772

sales at $500K or less in 12 months

$515,000

median sale, all Aurora homes, 12 months

Aurora listings at 500 thousand dollars or less on November 6, 2026: condos 442, townhomes 254, houses 515Aurora listed at $500K or lessCondos442Townhomes254Houses515
MLS Active and Coming Soon listings in Aurora, November 6, 2026.

Of the 1,772 sales at $500,000 or less, the median size was 1,632 square feet. They closed at a median 100.0% of the last list price, and 614 (35%) sold below list, so there is room to negotiate on many entry-price homes. Three-bedroom homes sold at a median of $470,012 (1,514 sales). Today’s Aurora supply by type: 1,148 houses, 264 townhomes and 442 condos.

Aurora homes for sale at $500,000 or less, updated daily

1246 Properties Found
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Aurora homes for sale at $500,000 or less, updated daily Market Stats

1246
Homes Listed
93
Avg. Days on Site
$248
Avg. $ / Sq.Ft.
$339,764
Med. List Price

Where a first budget fits in Aurora

Aurora is Colorado’s third-largest city and spans three counties: Arapahoe, Adams and a small part of Douglas. The older neighborhoods around Colfax Avenue, Havana Street and I-225 hold most of the condos and smaller houses; the newer planned neighborhoods east of E-470, such as Saddle Rock, Tallyn’s Reach and Murphy Creek, cost more and usually carry metro district taxes.

  • Light rail: RTD’s R Line runs along I-225 through Aurora, with stations including Aurora Metro Center and Fitzsimons near the Anschutz Medical Campus.
  • Entry price: Aurora has more homes under $500,000 than any other city with a Kenna first-time buyer guide; buyers searching for affordable homes near me in the east metro usually start here.
ZIPSales, 12 monthsMedian saleSold at $500K or less
80010262$400,838223
80011253$430,000225
80017235$458,000187
80012244$460,000174
80013669$485,000396
80014181$510,00081
80019509$514,900228
80015428$542,950137
80018399$550,000109
80016682$769,5007

MLS closed sales in Aurora, 12 months to Nov 3, 2026; ZIPs with 30+ sales, lowest median first.

The monthly costs first-time buyers forget in Aurora

  • HOA dues: the median monthly HOA on today’s Aurora listings at $500,000 or less that show a fee (92) is $350. Read what it covers: water, trash, exterior insurance and snow removal are common in condos.
  • Metro districts: most neighborhoods built since the 1990s, especially southeast Aurora, pay a metro district mill levy on top of the HOA; it shows up in the property tax bill. Ask for the levy before you offer.
  • Three counties: Arapahoe, Adams and Douglas counties set different mill levies; read the last tax bill on every home.
  • Tolls: E-470 on the east side is a toll road; add the tolls if you will drive it daily.
  • Insurance: hail deductibles on many Colorado policies start at 1% to 2% of the home’s value; condo buyers add an HO-6 policy for the inside of the unit.

See Aurora real estate statistics, then build the payment with the Colorado mortgage calculator and today’s Colorado mortgage rates.

Down payment help for Aurora buyers

Most down payment assistance programs we work with start at a 620 credit score. Between 580 and 619, you’ll usually need your own down payment. Under 580, start with credit help first.

ProgramWhat you getMinimum credit scoreIncome limit
CHFA (Colorado Housing and Finance Authority)A grant of up to 3% of the first mortgage, or a second mortgage of up to 4%, capped at $25,000; $1,000 of your own money in the deal; homebuyer education620$178,920 statewide (CHFA income limits effective Nov 2, 2026)
$1,000 cash-to-close pathThe ways our buyers have closed with about $1,000 of their own money, program by programVaries by programVaries by program

Under 580, or not sure of your score: start with our Kenna Credit Care program. Many of our buyers use Mike Oswald at Rate and trust him. We are not affiliated, you can use any lender you choose, and we receive nothing for the introduction.

Why first-time buyers pick our Aurora Realtors and real estate agents

5.0

stars on 283 Google reviews

A+

Better Business Bureau, accredited since 2017

2003

Brian Lee Burke licensed in Colorado since

306

homes Brian sold in 10 years, $117 million

A first purchase goes wrong in the paperwork, not on the tour: the HOA and metro district disclosures, the condo’s loan approval, the inspection objection and the appraisal. REALTOR® Brian Lee Burke and our team of real estate agents read them with you line by line, and Brian’s 25 years in construction help on the inspection. Keller Williams Realty DTC, LLC supervises every contract.

What to watch out for buying your first home in Aurora

  • Ask for the metro district mill levy on any newer home; in southeast Aurora two similar homes can carry very different tax bills.
  • Check which county the address is in (Arapahoe, Adams or Douglas) and read the last property tax bill.
  • Read the condo HOA budget, the reserve study and any special assessment planned; older complexes near I-225 can have big roof or siding projects coming.
  • Check FHA approval on the condo complex before you offer if you are using an FHA or CHFA loan.
  • On an older house, get the sewer line scoped and the roof, furnace and water heater ages in writing.

Aurora first-time buyer questions

Can a first-time buyer afford Aurora?

Yes, and with real choice: 1,249 Aurora homes were listed at $500,000 or less on Nov 6, 2026, 696 of them townhomes or condos.

What do first homes in Aurora sell for?

1,772 Aurora homes sold at $500,000 or less in the 12 months to Nov 3, 2026; the median for all Aurora sales was $515,000.

Can I use CHFA down payment assistance in Aurora?

Yes. CHFA has no purchase price limit; its income limit is $178,920 and you need a 620 credit score and $1,000 of your own money.

What county is Aurora in?

Three: Arapahoe, Adams and a small part of Douglas County. Check the county on every address you tour.

Is there light rail in Aurora?

Yes. RTD’s R Line runs along I-225 through Aurora, with stations including Aurora Metro Center and Fitzsimons.

How do I find first-time buyer homes near me in Aurora?

Start with the live grid on this page, then ask us for a free alert at your budget; new Aurora listings reach you the day they list. Call or text 303-955-4220 and a live person answers.

Do I need a Realtor to buy my first home in Aurora?

It helps with the HOA, metro district and loan paperwork. REALTOR Brian Lee Burke and our team of real estate agents read all of it with you and explain the buyer agency agreement before you tour.

What is the difference between a Realtor and a real estate agent?

Every agent who helps you buy or sell in Colorado holds a state real estate license. A REALTOR is a licensed agent who also belongs to the National Association of REALTORS and follows its Code of Ethics. In The Kenna Group, Brian Lee Burke is a REALTOR; the others are licensed real estate agents at Keller Williams DTC.

Want new Aurora homes in your budget the day they list?

Tell us your budget. A Kenna real estate agent sets the alert and checks the HOA and metro district before you offer.

Talk to a Aurora Realtor

Why people call us: 5.0 stars on 283 Google reviews (checked October 2026), A+ with the Better Business Bureau (accredited since 2017), REALTOR® Brian Lee Burke licensed in Colorado since 2003, 306 homes Brian sold in the last 10 years ($117 million) and 1,000+ homes with his team over 20+ years, with Keller Williams Realty DTC, LLC supervising every contract. See Brian’s sold homes, our proof as a group and the team.

Call or text 303-955-4220. A live person answers.

The Kenna Group is a real estate group with Keller Williams Realty DTC, LLC (Keller Williams DTC), 6300 S Syracuse Way, Suite 150, Centennial, CO 80111, formerly known as Kenna Real Estate Group, serving Denver metro home buyers and sellers.

Disclosure: This Aurora first-time home buyer guide is written by The Kenna Group at Keller Williams DTC (Keller Williams Realty DTC, LLC, the supervising brokerage), a group of Aurora Realtors and real estate agents led by REALTOR® Brian Lee Burke. We are real estate agents, not loan officers, tax advisers or attorneys. Down payment assistance rules, CHFA income limits, credit score minimums and mortgage rates change, and each lender adds its own rules; a licensed lender confirms what you qualify for and a tax professional answers property tax and metro district questions. Aurora listing counts and prices come from the MLS on November 6, 2026 (Active and Coming Soon) and change daily; sold figures come from MLS closed sales for the dates shown. Information is deemed reliable but not guaranteed. Equal Housing Opportunity.

Send me Aurora homes for my budget

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use prerecorded and artificial voices), and email, from The Kenna Group at Keller Williams DTC about your inquiry and other home-related matters. Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.