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Lorain Real Estate Overview

Today, December 3, 2009

Market View for Lorain

Info
Avg. Listing Price $124,595 Wk ending Nov 25
-$957
-0.8%
w-o-w
Median Sales Price $53,300 Aug '09 - Oct '09
+$3,300
+6.6%
y-o-y
760Homes For Sale 7Open Homes
595Recently Sold 430Foreclosures

Market Trends for Lorain

Embed Info
Listing price – Lorain
Average Listing Price
$124,595
-0.8%
w-o-w
Median Sales Price
$53,300
+6.6%
y-o-y
Average price/sqft
$48
-4%
y-o-y
Number of Sales
233
-27.9%
y-o-y
More Lorain Market Trends
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Home Prices for Lorain County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Nov 25
 
w-o-w

44012
$312,314
-1.0%
44039
$172,590
+0.3%
44011
$294,216
+0.7%
44035
$133,410
+0.7%
44089
$239,219
+0.2%
 
Movers & Shakers
Avg. listing price
Week ending Nov 25
 
w-o-w

44044
$240,567
-3.2%
44028
$384,079
+2.7%
44055
$60,887
-2.3%
44074
$229,970
-2.2%
44090
$162,498
+1.5%
 
View Lorain County Home Prices Map
 

Lorain Summary

Average price per square foot for Lorain OH was $48, a decrease of 4% compared to the same period last year. The median sales price for homes in Lorain OH for Aug 09 to Oct 09 was $53,300 based on 233 home sales. Compared to the same period one year ago, the median home sales price increased 6.6%, or $3,300, and the number of home sales decreased 27.9%.

There are currently 760 resale and new homes in Lorain on Trulia, including 7 open houses, as well as 430 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Lorain OH was $124,595 for the week ending Nov 25, which represents a decrease of 0.8%, or $957, compared to the prior week.

 

Schools in Lorain

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Clearview Local School District
Public
K - 12
3
1,737
Lorain City School District
Public
PK - 12
22
8,647
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Palm Elementary School
Public
K - 6
Frank Jacinto Elementary School
Public
K - 6
Garfield Elementary School
Public
K - 5
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Lorain Schools
 

Community Info for Lorain

Info
More Lorain Community Info

Homes for Sale in Lorain

5310 Deercreek Court, Lorain OH
5310 Deerc…
$219,000
4 br  3 ½ ba
2084 Stonepath Street, Lorain OH
2084 Stone…
$91,080
3 br  2 ½ ba
2039 Cleveland Boulevard, Lorain OH
2039 Cleve…
$98,900
3 br  1 ba
607 West 30th Street, Lorain OH
607 W 30th…
$93,900
3 br  1 ba
3026 Clifton Avenue, Lorain OH
3026 Clift…
$17,900
3 br  1 ba
335 West 29th Street, Lorain OH
335 W 29th…
$49,900
3 br  1 ba
View all Lorain Homes for Sale
 
Stats & Trends
Lorain

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 44052
  • 44053
  • 44054
  • 44055
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Nearby Cities

Cities
Median
sales price
Average
listing price
Sheffield Lake
$87,950
$147,143
Sheffield Village
$174,900
$185,900
North Ridgeville
$146,500
$172,911
Elyria
$80,000
$132,738
Vermilion
$53,500
$239,219
South Amherst
$80,000
$155,220
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Advice

Recent Q&A in Lorain, OH

Q: who are the teachers there? Be the first to answer
Q: Looking for small fixer upper, lakefront property in 44052 area. Bill 1 answer
Q: how much is this houses current listing price ? 3 answers
Q: The price listed by Realtytrac is not always the price, it is the amount owed to the bank. Does this mean? 6 answers
Q: Given the current market situation what is a reasonable offer to make on a spec home in a newer development that isn't moving? Is asking for? 5 answers

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More Advice:
  • Recent Q&A in Lorain, OH
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  • Find a real estate professional Lorain, OH

Nearby Cities Real Estate

  • Sheffield Lake Real Estate
  • Sheffield Vlg Real Estate
  • Sheffield Village Real Estate
  • North Ridgeville Real Estate
  • Elyria Real Estate
  • Vermilion Real Estate

Nearby Cities Sold Homes

  • Sheffield Lake Sold Homes
  • Sheffield Vlg Sold Homes
  • Sheffield Village Sold Homes
  • North Ridgeville Sold Homes
  • Elyria Sold Homes
  • Vermilion Sold Homes

Nearby Cities Home Prices

  • Sheffield Lake Home Prices
  • Sheffield Vlg Home Prices
  • Sheffield Village Home Prices
  • North Ridgeville Home Prices
  • Elyria Home Prices
  • Vermilion Home Prices

Lorain Stats & Trends

  • Lorain Market Trends
  • Lorain Schools
  • Lorain Community Info
  • Lorain Home Prices
  • Lorain Real Estate
  • Lorain Recently Sold Homes

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Lorain real estate—use Trulia to find real estate in Lorain as well real estate in other cities in Ohio. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Lorain real estate trends, market activity, and neighborhood information. Before buying a house in Lorain, research real estate on Trulia. Understanding the Lorain real estate market is your first step to buying a home in Lorain, Ohio. Our real estate guide gives your a valuable overview of the Lorain real estate market—find Lorain properties, sales statistics, real estate price trends, real estate market activity, comparisons of Lorain schools or Ohio schools, and general demographic information for Lorain, OH. Trulia's real estate guide combines a Lorain map with a detailed list of Lorain neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Lorain.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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