The story of this market
The typical home in ZIP 44055 sells for about $169,848, or $105 per square foot.
Prices are up +4.1% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $873 a month.
ZIP 44055 — Lorain
The housing market in 44055 is characterized by affordable entry-level pricing with a median sale price of $139,900. While inventory remains tight, the market is stable with a moderate pace of sales. Note that specific metrics like months of supply and sale-to-list ratios are derived from current active listing data and local market trends.
This area is primarily suited for budget-conscious buyers and investors looking for entry-level housing, given the low median price point and high volume of older, smaller residential properties.
Median prices moved up 4.1% year over year.
Homes spend a median of 38 days on market with 1.4 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 30.3% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 44055, Lorain County, OH
The prevailing school quality in the area is characterized by a low average rating of 3 out of 10 by GreatSchools.
Property taxes are administered by the Lorain County Auditor; rates are determined by local levies and school district requirements.
The rental market shows a year-over-year rent growth of 5.1% as of June 2026, with average rents significantly below the national average.
The local economy is anchored by industrial and service-sector employment within Lorain County.
Parcels in this ZIP are served by the Lorain City School District.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Key-figure check: median price diverges 17.6% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $139,900 (17.6% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $139,900 (-17.6% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.