Lorain

Situated along the southern shore of Lake Erie in Lorain County, this city of 65,207 residents offers a housing market defined by relative affordability and spacious homes. The median home price currently sits at $150,000, with buyers paying an average of $92 per square foot. Homes in the area average 2,258 square feet, meaning purchasers tend to get considerable space for their investment. There are 176 active listings available, giving buyers a reasonable range of options to explore. The median household income of $45,799 shapes demand across the market, and the owner-occupied rate of 55.8 percent reflects a mix of homeowners and renters throughout the city's neighborhoods. Families with school-age children would fall under the Lorain City School District. For buyers seeking larger homes at lower price points compared to many Northeast Ohio communities, this market presents a notable opportunity worth examining closely.

Market description generated from current MLS and U.S. Census data.