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Lorain Market Trends

Today, December 2, 2009

Median Sales Price in Lorain

Embed Info
1 yr 5 yr Max
Lorain median sales prices
Number of sold homes in Lorain
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$40,000-11.1%$40,000$45,000$54,500
3 bedrooms$56,000+12.0%$58,000$50,000$82,500
4 bedrooms$49,900+13.4%$48,000$44,000$60,000
All properties$53,300+6.6%$54,550$50,000$70,000
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Lorain Summary

The median sales price for homes in Lorain OH for Aug 09 to Oct 09 was $53,300. This represents a decline of 2.3%, or $1,250, compared to the prior quarter and an increase of 6.6% compared to the prior year. Sales prices have depreciated 23.9% over the last 5 years in Lorain.

The average listing price for Lorain homes for sale on Trulia was $124,595 for the week ending Nov 25, which represents a decline of 0.8%, or $957, compared to the prior week and a decline of 2.2%, or $2,782, compared to the week ending Nov 04. Average price per square foot for Lorain OH was $48, a decrease of 4% compared to the same period last year.

 

Average Listing Price in Lorain

Embed Info
1 yr 5 yr Max
Lorain average property price
Lorain – number of properties
No. BedroomsWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
1 bedroom-----
2 bedrooms$105,852-3.7%$109,864$113,456$110,970
3 bedrooms$109,449-0.3%$109,823$110,162$111,829
4 bedrooms$173,131-0.4%$173,754$174,657$174,665
All properties$124,595-0.8%$125,552$126,442$127,377
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Average Price Per Sqft for Homes in Lorain

Embed Info
1 yr 5 yr Max
Lorain average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$46-50.0%$48$92$68
3 bedrooms$49+2.1%$52$48$69
4 bedrooms$43+22.9%$39$35$42
All properties$48-4.0%$50$50$67
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Homes for Sale in Lorain

775 West 13th Street, Lorain OH
775 W 13th…
$39,500
4 br  2 ba
4117 Clinton Avenue, Lorain OH
4117 Clint…
$69,900
3 br  1 ½ ba
686 Alameda Avenue, Lorain OH
686 Alameda…
$98,000
3 br  1 ½ ba
2084 Stonepath Street, Lorain OH
2084 Stone…
$91,080
3 br  2 ½ ba
5310 Deercreek Court, Lorain OH
5310 Deerc…
$219,000
4 br  3 ½ 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

View more ZIPs
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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: 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
Q: I would like to sell my house asap. I have only lived in it for a year and thus equity is limited. I live 11 answers

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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

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Nearby Cities Home Prices

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

Lorain Stats & Trends

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

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Our real estate market trends page gives you a valuable overview of the Lorain real estate market. Find Lorain properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Lorain average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Lorain housing statistics are available for each Lorain, OH neighborhood.
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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.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average 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.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. 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.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot 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.