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LORAIN, OH 44053

Real Estate Market Report  ·  Lorain County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
55
⇧ 19.6% vs 46 last year
Pending
14
25% pending ratio
Median Price
$239,900
⇧ 11% vs $216,130 last year
Average Price
$277,591
⇩ 3% vs $286,110 last year
Days on Market
62
⇩ 25.3% vs 83 days last year

Market Context

Population: 20,973  ·  Density: 747.5/mi²  ·  Median household income: $64,212

Typical home value: $182,030  ·  Homeownership: 63.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LORAIN, OH real estate market (44053) currently shows 55 active listings, with 14 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 62 days on market compared to 83 days last year.

The median listing price has risen 11% year-over-year, from $216,130 to $239,900.

Whether you are buying or selling in LORAIN, OH, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 55 this year vs 46 last year
  • Days on market: 62 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $239,900 (+11% YoY)
  • Average: $277,591 (-3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.0 miles — 678 listings ($285,641,426 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
44053Lorain, OH 440530.0 mi55$15,267,505$239,900$277,591
44001Amherst, OH 440014.5 mi49$15,977,724$310,000$326,076
44035Elyria, OH 440356.4 mi156$35,926,800$225,000$230,300
44089Vermilion, OH 440897.9 mi83$57,998,740$482,000$698,780
44011Avon, OH 4401110.6 mi39$23,208,900$492,500$595,100
44012Avon Lake, OH 4401211.6 mi50$24,514,850$516,500$490,297
44050Lagrange, OH 4405013.2 mi18$6,732,360$399,900$374,020
44814Berlin Heights, OH 4481414.9 mi8$5,012,800$437,500$626,600
44145Westlake, OH 4414515.2 mi80$54,656,240$490,000$683,203
44070North Olmsted, OH 4407015.7 mi60$16,330,800$279,450$272,180
44028Columbia Station, OH 4402816.7 mi31$15,897,730$474,450$512,830
44090Wellington, OH 4409017.9 mi26$7,840,300$266,950$301,550
44017Berea, OH 4401719.0 mi23$6,276,677$263,000$272,899

Frequently Asked Questions

How many homes are for sale in LORAIN, OH 44053?

As of January 2026, there are 55 active listings in LORAIN, OH (zip code 44053), compared to 46 the prior year.

What is the median home price in LORAIN, OH 44053?

The median listing price in LORAIN, OH 44053 is $239,900 as of January 2026, a 11% increase from $216,130 the prior year.

How long do homes stay on the market in LORAIN, OH?

Homes in LORAIN, OH 44053 spend an average of 62 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in LORAIN, OH 44053?

Based on current inventory and days-on-market data as of January 2026, LORAIN, OH 44053 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 62 days on market compared to 83 days last year.

How much can I save on real estate commission in LORAIN, OH?

With SELL123.com's maximum 3% commission, sellers in LORAIN, OH 44053 save an estimated $4,798 compared to a typical 5% commission on the median listing price of $239,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.