Housing in Lorain, OH
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$144,000
Median List Price
$165,000
Price Per Sq Ft
$110
Days on Market
49
Active Inventory
139
Months of Supply
3.0
Seller's market
Zillow Home Value
$145,659
ZHVI — January 2026
Zillow Rent Index
$1,145
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
28.3%
Off Market in 2 Weeks
28.6%
Sale-to-List Ratio
97.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
46
New Listings
49
Pending Sales
63
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$110
Median List $/SF
$107
Lorain vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Lorain is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$123,500
Median Rent
$839
Total Housing Units
30,456
Vacancy Rate
10.8%
Owner Occupied
55.8%
Renter Occupied
44.2%
Median Property Tax
$1,657
per year
Monthly Cost (w/ Mortgage)
$840
Housing Types
The current median sale price in Lorain, OH is $144,000 according to Redfin data. Homes spend a median of 49 days on the market. 28.3% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $110. Zillow's observed rent index is $1,145/month. About 55.8% of housing units are owner-occupied. The median year homes were built is 1961. There are 30,456 total housing units.