Oberlin

Located in Lorain County, this small college city of roughly 8,054 residents carries a current median home price of $349,000 with an average price per square foot of $132. Homes in the area tend to be spacious, averaging around 3,133 square feet, which means buyers generally get substantial square footage relative to the per-foot cost. The 25 active listings represent a tight inventory for a community this size, suggesting limited selection for buyers at any given time. The owner-occupied rate sits at 57.0 percent, a figure that reflects the presence of Oberlin College and its influence on the local rental market. The median household income of $73,775 provides some context for purchasing power among local residents. Families with children are served by Oberlin City School District. The combination of larger home sizes, moderate pricing per square foot, and constrained inventory shapes the current buying environment in this Lorain County community.

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