The story of this market
The typical home in ZIP 44035 sells for about $232,400, or $126 per square foot.
Prices are up +43.87% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $924 a month.
ZIP 44035 — Elyria
The 44035 housing market is currently characterized by a median listing price of $232,400 and a competitive inventory of 264 active listings. While year-over-year price growth has been significant, the market is seeing longer marketing times for sellers, suggesting a shift toward more balanced conditions.
The area is suitable for budget-conscious family buyers and those seeking proximity to the Cleveland metropolitan area without the higher costs of the urban core.
Median prices moved up 43.9% year over year.
Homes spend a median of 45 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 15.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 44035, Lorain County OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Elyria serves as the county seat of Lorain County and is home to Lorain County Community College, anchoring the local economy.
The city lacks a viable public transit system, requiring residents to rely on personal vehicles for commuting to employment centers like Cleveland.
The city features the Black River flowing through its center, providing natural green space and recreational opportunities.
The rental market has experienced significant volatility with a reported 28.57% year-over-year decrease in median rent prices.
The economy is centered around the county seat functions and the presence of Lorain County Community College, with proximity to the broader Cleveland industrial and service sectors.
The city is located 23 miles southwest of Cleveland and is part of the Cleveland metropolitan area, though it lacks a robust internal public transit system.
Data sourced from World Population Review and Realtor.com market reports.
The river flows through the city and serves as a central geographic and recreational landmark.
A major local anchor institution providing education and community resources.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.