How much do homes in Lorain County, OH cost?

Median List Price

$179,707

Based on all homes listed in the last 12 months.

Difference Since September 2020

+$8,526(+5.0%)

Key Takeaway

The list price of homes in Lorain County has increased by 5% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSSep 2020Sep 2021%
1 $70K$84.9K+21.4%
2 $129.9K$129.9K0.1%
3 $149.9K$159.9K+6.7%
4 $259.6K$275K+5.9%
5+ $269.9K$267.4K-0.9%

Median List Price Compared To Nearby Counties

Medina County
+10.3%
Cuyahoga County
+9.0%
Erie County
+6.2%
Lorain County
+5.0%
Huron County
+4.8%

How many homes are available in Lorain County, OH?

Number of Homes For Sale

Aug 2021Sep 2021%
1,4621,343-8.1%

Homes For Sale By Bedroom Count

# BEDSAug 2021Sep 2021%
1 35+66.7%
2 1871870.0%
3 772692-10.4%
4 396356-10.1%
5+ 104103-1.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Sep 2020Sep 2021%
132 Days57 Days-56.8%

Breakdown of Home Sale Times

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Key Takeaway

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About Lorain County, OH

There are 1,343 homes are for sale in Lorain County, OH real estate market. The number of homes for sale in Lorain County, OH decreased by 8.1% between August 2021 and September 2021. While the average time on the market in September 2021 was 57 days, the median list price was $179,707. Between August 2021 and September 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 21.4%, prices of 2 bedrooms properties went up by 0.1%, 3 bedrooms properties prices increased by 6.7%, prices of 4 bedrooms properties went up by 5.9%, the cost of 5 bedrooms properties went down by 0.9%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes increased by 66.7%, number of 2 bedrooms homes remained the same, 3 bedrooms homes became 10.4% less available, 4 bedrooms homes became 10.1% less available, number of 5 bedrooms homes decreased by 1%. In September 2021 more than 213 listings in Lorain County, OH were sold above the asking price. During the same period more than 62 listings were sold at asking price, while more than 154 were sold below.

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