97002, Aurora, OR

Aurora, Oregon is located in the northwestern corner of the state and has a population of over 162,000 people. The city is home to several major companies, including Intel and Nike, as well as a number of universities. Home prices in Aurora have increased significantly in recent years, with the median home price reaching $370,000 in 2017. This increase has been driven by a number of factors, including strong economic growth and low interest rates.

Despite these positive trends, there are some concerns about the future of the housing market in Aurora. One issue is that there is a large amount of demand for homes relative to available supply. This situation could lead to higher prices and increased competition for homes. Another concern is that interest rates may rise over time, which could make it more difficult for homeowners to afford their mortgages. In spite of these risks, however, overall housing market conditions appear to be stable and healthy in Aurora at this point in time.