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Comprehensive Plan 33 Fig. 11: Town of Aurora Housing Value Housing Value Between 2000 and 2020, the median home value in the Town of Aurora rose 35.79% to $296,974. While this increase was lower than the statewide growth of 43%, it outpaced Erie County (+15.81%) and neighboring communities like Orchard Park (+18.26%) and Concord (15.19%). Housing Sales per Square Foot Using data from Redfin Real Estate Brokerage, the average cost per square foot of home sales for single-family and 2–4-unit multi-family homes was Fig. 12: Housing Sales per Square Feet analyzed from 2013 to 2023 for Erie County and New York State. As of 2023, it costs an average of $171.91 per sq ft for a single-family home and $89.79 per sq ft for a 2–4-unit apartment in Erie County. Since 2013, square footage costs for these types of homes have increased by 95% and 210%, respectively. Statewide, the average cost per square foot for a single-family home is $367 per sq ft, and for a 2–4-unit multi-family home, it is $318.17 per sq ft. Since 2013, costs across New York State have increased by 180% and 450%, respectively. Housing Affordability (Data sources: U.S. Census Bureau ACS 5-year Fig. 13: Monthly Mortgage Costs estimates & Decennial Census; U.S. Bureau of Labor Statistics CPI Inflation Calculator; HUD Comprehensive Housing Affordability Strategy) Monthly Mortgage Costs Since 2000, when adjusting for inflation (IA), the median mortgage in The Town of Aurora has decreased by 6.6%. Comparatively, in that same time, the median mortgage in Erie County has decreased by 17.5%; across NYS it has increased by 1.1%. As of 2023, the median mortgage (IA) in The Town of Aurora is $2,131 while across NYS the median mortgage (IA) is $2,563, a difference of $432. This likely due to a higher frequency of cash sales as the housing market has intensified throughout the region.