Lorain, OH Real Estate & Property Data

Lorain Real Estate Market Trends
Last Updated: April 25, 2024

Accurate and comprehensive real estate data is critical for insight into Lorain, OH. ATTOM’s Lorain real estate data is updated daily, and current market trends show that in Lorain, OH a total of 1,410 residential properties have sold over the past year. With a median home price of $147,500 in Lorain and a total of 21 foreclosures. Get detailed property data for Lorain, OH instantly. ATTOM is your one-stop-shop for the Lorain property reports and real estate data you need in Lorain, OH.

Lorain Real Estate Market Trends
Total Residential Properties 23,903
Total Commercial Properties 3,111
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 1,432
Total 2024 Residential Sales (year-to-date) 187
% of Homes Seriously Underwater (Q2 2024) 1.55%
Total 2023 Residential Sales 1,307
% of Equity Rich Homes (Q2 2024) 32.75%
Effective 2023 Property Tax 1.05%
Total Foreclosure Filings (year-to-date) 33
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Lorain, OH Real Estate Overview

There were 1,410 residential properties sold in the past year in Lorain, OH. The median home value in Lorain, OH is $129,471. There are a total of 23,903 residential properties in the Lorain.

Median Sales Price i
$147,500
(Feb 2024)
+14.3%
year-over-year
y-o-y
  • February '24 Feb '24 $147,500
  • January '24 Jan '24 $134,000
  • December '23 Dec '23 $133,750
  • November '23 Nov '23 $144,000
  • October '23 Oct '23 $133,450
  • September '23 Sep '23 $148,900
  • August '23 Aug '23 $137,750
  • July '23 Jul '23 $130,000
  • June '23 Jun '23 $150,000
  • May '23 May '23 $144,100
  • April '23 Apr '23 $138,300
  • March '23 Mar '23 $133,700
Median Down Payment i
$6,143
(Feb 2024)
-9%
year-over-year
y-o-y
  • February '24 Feb '24 $6,143
  • January '24 Jan '24 $11,250
  • December '23 Dec '23 $11,900
  • November '23 Nov '23 $4,529
  • October '23 Oct '23 $5,174
  • September '23 Sep '23 $7,925
  • August '23 Aug '23 $4,500
  • July '23 Jul '23 $3,750
  • June '23 Jun '23 $4,806
  • May '23 May '23 $4,166
  • April '23 Apr '23 $4,464
  • March '23 Mar '23 $8,000
Number of Homes Sold i
84
(Feb 2024)
-12.5%
year-over-year
y-o-y
  • February '24 Feb '24 84
  • January '24 Jan '24 103
  • December '23 Dec '23 97
  • November '23 Nov '23 99
  • October '23 Oct '23 110
  • September '23 Sep '23 112
  • August '23 Aug '23 135
  • July '23 Jul '23 130
  • June '23 Jun '23 130
  • May '23 May '23 107
  • April '23 Apr '23 104
  • March '23 Mar '23 103
Number of Purchase Loans i
42
(Feb 2024)
-17.6%
year-over-year
y-o-y
  • February '24 Feb '24 42
  • January '24 Jan '24 64
  • December '23 Dec '23 65
  • November '23 Nov '23 59
  • October '23 Oct '23 61
  • September '23 Sep '23 69
  • August '23 Aug '23 86
  • July '23 Jul '23 80
  • June '23 Jun '23 77
  • May '23 May '23 66
  • April '23 Apr '23 64
  • March '23 Mar '23 68
Number of REFI Loans i
49
(Feb 2024)
+11.4%
year-over-year
y-o-y
  • February '24 Feb '24 49
  • January '24 Jan '24 38
  • December '23 Dec '23 45
  • November '23 Nov '23 39
  • October '23 Oct '23 48
  • September '23 Sep '23 59
  • August '23 Aug '23 69
  • July '23 Jul '23 36
  • June '23 Jun '23 47
  • May '23 May '23 40
  • April '23 Apr '23 34
  • March '23 Mar '23 36
Number of HELOC Loans i
19
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 17
  • December '23 Dec '23 13
  • November '23 Nov '23 10
  • October '23 Oct '23 17
  • September '23 Sep '23 20
  • August '23 Aug '23 20
  • July '23 Jul '23 16
  • June '23 Jun '23 22
  • May '23 May '23 27
  • April '23 Apr '23 22
  • March '23 Mar '23 17

Lorain, OH Real Estate Market Overview

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

Lorain, OH Foreclosure Activity

There were a total of 21 Lorain, OH properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 19 Lorain, OH properties and repossessed 2 Lorain, OH properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
21
(Feb 2024)
+90.9%
year-over-year
y-o-y
  • February '24 Feb '24 21
  • January '24 Jan '24 12
  • December '23 Dec '23 12
  • November '23 Nov '23 21
  • October '23 Oct '23 30
  • September '23 Sep '23 24
  • August '23 Aug '23 13
  • July '23 Jul '23 9
  • June '23 Jun '23 19
  • May '23 May '23 18
  • April '23 Apr '23 16
  • March '23 Mar '23 19
Foreclosure Starts i
19
(Feb 2024)
+171.4%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 5
  • December '23 Dec '23 7
  • November '23 Nov '23 5
  • October '23 Oct '23 21
  • September '23 Sep '23 13
  • August '23 Aug '23 7
  • July '23 Jul '23 6
  • June '23 Jun '23 11
  • May '23 May '23 17
  • April '23 Apr '23 12
  • March '23 Mar '23 17
Completed Foreclosures (REOs) i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 3
  • November '23 Nov '23 2
  • October '23 Oct '23 4
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 3
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 4
  • March '23 Mar '23 2
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