Vermilion

Situated along the Lake Erie shoreline in Lorain County, this small Ohio city of 10,451 residents carries a notably high owner-occupied rate of 80.6 percent, reflecting a stable, settled housing base. The current market shows 52 active listings, with a median home price of $287,450 and an average home size of 1,799 square feet. Buyers are paying roughly $158 per square foot, positioning Vermilion as a moderately priced lakefront community relative to broader Northeast Ohio markets. The median household income of $73,052 supports purchasing activity at these price levels, and the strong ownership rate suggests limited rental inventory for those seeking that option. Families considering the area fall within the Vermilion Local School District. The combination of waterfront access, a compact population, and consistent homeownership patterns makes this a market worth monitoring for buyers seeking lake proximity without the price premiums of larger metro-adjacent communities.

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