Lorain County, OH Real Estate & Property Data

Lorain County Real Estate Market Trends
Last Updated: May 02, 2024

With up-to-date real estate data get detailed insight into Lorain County, OH sourced from the nation’s leading property data provider. The current median home price in Lorain County, OH is $185,000. Lorain County real estate data shows that there have been a total of 5,688 residential properties sold over the past 12 months. ATTOM’s Lorain County real estate data indicates that the county has 48 properties in foreclosure and 4 REOs (real estate bank owned) properties.

Lorain County Real Estate Market Trends
Total Residential Properties 112,120
Total Commercial Properties 11,310
Avg. Home Age (Single Family Home) 48 Years
Avg. Square Feet (Single Family Home) 1,759
Total 2024 Residential Sales (year-to-date) 1,209
% of Homes Seriously Underwater (Q2 2024) 0.98%
Total 2023 Residential Sales 5,228
% of Equity Rich Homes (Q2 2024) 39.32%
Effective 2023 Property Tax 1.27%
Total Foreclosure Filings (year-to-date) 167
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Lorain County, OH Real Estate Overview

There were 5,688 residential properties sold in the past year in Lorain County, OH. The median home value in Lorain County, OH is $218,317. There are a total of 112,120 residential properties in the Lorain.

Median Sales Price i
$185,000
(Mar 2024)
-10.3%
year-over-year
y-o-y
  • March '24 Mar '24 $185,000
  • February '24 Feb '24 $227,000
  • January '24 Jan '24 $192,500
  • December '23 Dec '23 $188,000
  • November '23 Nov '23 $208,500
  • October '23 Oct '23 $225,000
  • September '23 Sep '23 $219,750
  • August '23 Aug '23 $225,000
  • July '23 Jul '23 $225,000
  • June '23 Jun '23 $215,000
  • May '23 May '23 $229,800
  • April '23 Apr '23 $190,000
Median Down Payment i
$13,650
(Mar 2024)
-35.7%
year-over-year
y-o-y
  • March '24 Mar '24 $13,650
  • February '24 Feb '24 $17,437
  • January '24 Jan '24 $17,000
  • December '23 Dec '23 $22,000
  • November '23 Nov '23 $19,500
  • October '23 Oct '23 $26,000
  • September '23 Sep '23 $23,875
  • August '23 Aug '23 $29,380
  • July '23 Jul '23 $22,425
  • June '23 Jun '23 $19,203
  • May '23 May '23 $22,327
  • April '23 Apr '23 $16,125
Number of Homes Sold i
440
(Mar 2024)
+1.1%
year-over-year
y-o-y
  • March '24 Mar '24 440
  • February '24 Feb '24 411
  • January '24 Jan '24 358
  • December '23 Dec '23 379
  • November '23 Nov '23 403
  • October '23 Oct '23 447
  • September '23 Sep '23 440
  • August '23 Aug '23 506
  • July '23 Jul '23 469
  • June '23 Jun '23 524
  • May '23 May '23 471
  • April '23 Apr '23 405
Number of Purchase Loans i
282
(Mar 2024)
+1.8%
year-over-year
y-o-y
  • March '24 Mar '24 282
  • February '24 Feb '24 275
  • January '24 Jan '24 210
  • December '23 Dec '23 231
  • November '23 Nov '23 235
  • October '23 Oct '23 261
  • September '23 Sep '23 293
  • August '23 Aug '23 323
  • July '23 Jul '23 294
  • June '23 Jun '23 340
  • May '23 May '23 301
  • April '23 Apr '23 285
Number of REFI Loans i
195
(Mar 2024)
-10.6%
year-over-year
y-o-y
  • March '24 Mar '24 195
  • February '24 Feb '24 195
  • January '24 Jan '24 150
  • December '23 Dec '23 172
  • November '23 Nov '23 194
  • October '23 Oct '23 238
  • September '23 Sep '23 227
  • August '23 Aug '23 280
  • July '23 Jul '23 228
  • June '23 Jun '23 196
  • May '23 May '23 214
  • April '23 Apr '23 182
Number of HELOC Loans i
158
(Mar 2024)
-1.2%
year-over-year
y-o-y
  • March '24 Mar '24 158
  • February '24 Feb '24 122
  • January '24 Jan '24 130
  • December '23 Dec '23 110
  • November '23 Nov '23 159
  • October '23 Oct '23 153
  • September '23 Sep '23 155
  • August '23 Aug '23 169
  • July '23 Jul '23 145
  • June '23 Jun '23 190
  • May '23 May '23 198
  • April '23 Apr '23 146

Lorain County, OH Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Lorain County, OH Foreclosure Activity

There were a total of 48 Lorain County, OH properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 34 Lorain County, OH properties and repossessed 4 Lorain County, OH properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
48
(Mar 2024)
-4%
year-over-year
y-o-y
  • March '24 Mar '24 48
  • February '24 Feb '24 58
  • January '24 Jan '24 61
  • December '23 Dec '23 37
  • November '23 Nov '23 63
  • October '23 Oct '23 71
  • September '23 Sep '23 62
  • August '23 Aug '23 51
  • July '23 Jul '23 51
  • June '23 Jun '23 56
  • May '23 May '23 52
  • April '23 Apr '23 60
Foreclosure Starts i
34
(Mar 2024)
-5.6%
year-over-year
y-o-y
  • March '24 Mar '24 34
  • February '24 Feb '24 46
  • January '24 Jan '24 38
  • December '23 Dec '23 21
  • November '23 Nov '23 26
  • October '23 Oct '23 43
  • September '23 Sep '23 38
  • August '23 Aug '23 32
  • July '23 Jul '23 32
  • June '23 Jun '23 29
  • May '23 May '23 36
  • April '23 Apr '23 43
Completed Foreclosures (REOs) i
4
(Mar 2024)
-20%
year-over-year
y-o-y
  • March '24 Mar '24 4
  • February '24 Feb '24 3
  • January '24 Jan '24 4
  • December '23 Dec '23 9
  • November '23 Nov '23 5
  • October '23 Oct '23 8
  • September '23 Sep '23 4
  • August '23 Aug '23 N/A
  • July '23 Jul '23 5
  • June '23 Jun '23 1
  • May '23 May '23 3
  • April '23 Apr '23 8
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