The story of this market
The typical home in Lorain County, Ohio sells for about $309,900, or $160 per square foot.
Prices are down 6.35% from a year ago, which gives buyers more room to negotiate. Homes take about 41 days to sell. Over the long run, values in this county have grown 75% since 2000. Last year 52 of 74 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,274 a month.
HUD sets the fair market rent for a 2-bedroom at $1,274 a month. FEMA's National Risk Index rates overall hazard risk here as Very Low.
Price climate
Every year of price change, 2000–2025
+4.1%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+13.6%). Worst: 2010 (-4%). Hover to read a year.
Monthly price momentum
Home values since 2015
+3%
OH · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,628
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+4.1%
2025 change
FHFA repeat-sales index, median of 74 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
19
Very Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $65,874,654.
Mortgage activity
Home lending in this county
77.1%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 15482 | 8536 | 77.1% | 2.3% | $135,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Lorain County, Ohio
The Lorain County housing market is currently experiencing a cooling phase characterized by a year-over-year decline in median listing prices and an increase in inventory. Buyers and sellers are finding a more balanced environment compared to the peak activity of previous years, with price reductions becoming more common as demand moderates.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 16 cities · 19 ZIP reports
Median prices moved up 22.3% year over year.
Homes spend a median of 47 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 55.63% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 9.8% — a stable, low-distress profile.
Deterministic aggregate of 19 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Lorain County, Ohio — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Oct 18, 2026.
researched Sep 30
researched Sep 30
researched Sep 30
researched Oct 1
researched Sep 17
researched Oct 4
researched Sep 19
researched Sep 30
researched Sep 30
researched Sep 30
| 44001 | Amherst | $284,900 | $165 | -2.1% | 30 | 98.5% | 18% | 3.2 | 112 | $1,062 | researched Sep 30 |
| 44011 | Avon | $439,900 | $200 | -8% | 40 | — | — | — | 125 | $1,796 | researched Sep 30 |
| 44012 | Avon Lake | $479,000 | $221 | +8.9% | 34 | 100% | — | 1 | 25 | $1,537 | researched Sep 30 |
| 44028 | Columbia Station | $462,000 | $212 | +3.4% | 68 | — | — | — | 67 | $1,264 | researched Oct 1 |
| 44035 | Elyria | $232,400 | $126 | +43.9% | 45 | 100% | — | — | 264 | $924 | researched Sep 17 |
| 44036 | Elyria | — | — | — | — | — | — | — | — | — | researched Oct 4 |
| 44039 | North Ridgeville | $366,000 | $189 | +3.1% | 11 | — | — | — | 140 | $1,116 | researched Sep 19 |
| 44044 | Grafton | $350,000 | $214 | — | 66 | — | — | — | 18 | $1,072 | researched Sep 30 |
| 44049 | Kipton | $245,000 | $112 | +2.1% | 58 | 97.5% | 12% | 3.2 | 42 | $950 | researched Sep 30 |
| 44050 | Lagrange | $333,000 | $155 | +12.7% | 55 | 103% | — | — | 40 | $1,013 | researched Sep 30 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in Lorain County generally track with regional averages for Northeast Ohio, with urban centers like Lorain and Elyria experiencing higher property crime rates compared to the more rural southern townships.
The county is served by several independent school districts, with suburban districts like Avon and Avon Lake consistently receiving high state performance ratings, while urban districts face greater challenges in academic achievement metrics.
The county faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas near the Black River and Lake Erie shoreline, with standard property insurance coverage widely available.
Economic momentum is driven by manufacturing, healthcare, and logistics, with significant infrastructure investment focused on the I-90 corridor and the revitalization of the Lorain waterfront.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Ohio) — Real Property Tax Assessment: Property is assessed at 35% of its true market value. The tax is calculated by multiplying the assessed value by the effective tax rate (millage) of the local taxing district.
The economy is anchored by a mix of manufacturing, healthcare, and education, with major employers including Mercy Health and various automotive supply chain firms.
The county is served by the I-90 and I-80 (Ohio Turnpike) corridors, providing critical access to the broader Cleveland-Elyria metropolitan area.
The Lorain County Auditor manages property assessments, conducting a full reappraisal every six years with an update in the third year.
The county includes various special districts for fire protection, library services, and joint vocational school districts that overlay municipal boundaries.
Property insurance markets remain stable, though premiums are sensitive to regional weather patterns and the age of housing stock in older municipalities.
- Cedar Point4.529.2 mi
- Kalahari Resorts & Conventions - Sandusky4.326.8 mi
- Great Wolf Lodge | Sandusky4.227.9 mi
- Scene75 Entertainment Center | Cleveland4.420.1 mi
- Kalahari Resorts Indoor Waterpark - Sandusky, OH4.226.8 mi
- Rocket Arena4.623.5 mi
- Progressive Field4.723.6 mi
- Huntington Bank Field4.523.1 mi
- Topgolf Cleveland4.325 mi
- Huntington Convention Center of Cleveland4.623.3 mi
- SouthPark Mall4.417.5 mi
- Lakewood Park4.818.1 mi
- Dave & Buster's Westlake - Cleveland4.212.3 mi
- Rocky River Nature Center4.912.6 mi
- Mahall's4.618.5 mi
- Rock & Roll Hall of Fame4.623.4 mi
- The Cleveland Museum of Art4.927.5 mi
- Cleveland Museum of Natural History4.527.5 mi
- House from A Christmas Story4.723.2 mi
- Great Lakes Science Center4.523.3 mi
- Lakewood Park4.818.1 mi
- Rocky River Nature Center4.912.6 mi
- Rocky River Reservation4.812.7 mi
- Victory Sports Park4.28.2 mi
- Coe Lake Park4.814.7 mi
- Riverview RV Park and Marina3.910.9 mi
- Oasis Marinas at Port Lorain4.54.9 mi
- Spitzer Riverside Marina4.54.3 mi
- Valley Harbor Marina Inc.4.711.7 mi
- Mallard Creek Golf Club3.710 mi
- Big Met Golf Course4.415.1 mi
- Valley of the Eagles Golf Club4.42.2 mi
- Sweetbriar Legacy Golf & Pro Shop4.38.1 mi
- Coppertop Golf Club4.217.2 mi
- SouthPark Mall4.417.5 mi
- Crocker Park4.59.7 mi
- Great Northern Mall4.311.5 mi
- Meijer4.47.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A prominent waterfront park in Lorain featuring a beach, rose garden, and scenic views of Lake Erie.
A extensive park system offering hiking trails, fishing, and bird watching along the Black River corridor.
A world-renowned liberal arts college that serves as a major cultural anchor for the county with museums and performance venues.
Retrieved from data.census.gov
Property is assessed at 35% of its true market value. The tax is calculated by multiplying the assessed value by the effective tax rate (millage) of the local taxing district. Exemptions include the Homestead Exemption for qualifying seniors and disabled persons, which reduces the taxable value of the primary residence.
Governed by Ohio Revised Code Chapter 5713.
Ohio is a judicial foreclosure state requiring court action to foreclose. Owners have redemption rights to pay the full amount of taxes, penalties, and costs to stop the sale, typically until the confirmation of sale or decree of foreclosure.
Governed by Ohio Revised Code Chapters 323, 5721, and 5723.
applies when — Applies to the transfer of residential real property consisting of one to four dwelling units.
Sellers must complete a state-prescribed form disclosing known material conditions and defects of the property, including structural, mechanical, and environmental issues.
Governed by Ohio Revised Code Chapter 5302.30.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.