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Bartish Beaver Park Black River (Lorain) Camden Ridge Evergreen (Evergreen Village) Fairway Hidden Creek La Cote De Lac Lakeview Martins Run (Martin's Run) Sunny Acres Sunnyside Vermilion (Vermillion) Vermilion-on-the-Lake (Vermilion on the Lake) West Lorain Williamsburg

LORAIN, OH 44053

Real Estate Market Report  ·  Lorain County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 44053

Bartish · Beaver Park · Black River (Lorain) · Camden Ridge · Evergreen (Evergreen Village) · Fairway · Hidden Creek · La Cote De Lac · Lakeview · Martins Run (Martin's Run) · Sunny Acres · Sunnyside · Vermilion (Vermillion) · Vermilion-on-the-Lake (Vermilion on the Lake) · West Lorain · Williamsburg

Market Analysis

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

The LORAIN, OH real estate market (44053) currently shows 53 active listings, with 25 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 33 days last year.

The median listing price has fallen 22.3% year-over-year, from $323,675 to $251,560.

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 Context

Market Context

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

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

Market Overview

Active Listings
53
⇧ 8.2% vs 49 last year
Pending
25
47% pending ratio
Median Price
$251,560
⇩ 22.3% vs $323,675 last year
Average Price
$302,518
⇩ 10% vs $335,980 last year
Days on Market
65
⇧ 97% vs 33 days last year

Price Per Square Foot

Median $/sqft
$154
⇩ 6.1% vs $164/sqft last year
Median Home Size
1,856 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 49 last year
  • Days on market: 65 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $251,560 (-22.3% YoY)
  • Average: $302,518 (-10% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.0 miles — 706 listings ($315,376,110 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
44053Lorain, OH 440530.0 mi55$15,746,555$266,725$286,301
44001Amherst, OH 440014.5 mi50$16,305,100$313,600$326,102
44035Elyria, OH 440356.4 mi156$36,896,184$234,900$236,514
44089Vermilion, OH 440897.9 mi92$63,994,924$485,500$695,597
44011Avon, OH 4401110.6 mi44$26,418,876$567,175$600,429
44012Avon Lake, OH 4401211.6 mi52$32,005,844$503,250$615,497
44050Lagrange, OH 4405013.2 mi14$5,271,574$399,900$376,541
44814Berlin Heights, OH 4481414.9 mi11$7,108,563$438,700$646,233
44145Westlake, OH 4414515.2 mi79$60,270,680$566,225$762,920
44070North Olmsted, OH 4407015.7 mi65$17,888,910$273,675$275,214
44028Columbia Station, OH 4402816.7 mi34$17,902,530$489,000$526,545
44090Wellington, OH 4409017.9 mi22$6,408,930$292,175$291,315
44017Berea, OH 4401719.0 mi32$9,157,440$245,225$286,170

Frequently Asked Questions

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

As of March 2026, there are 53 active listings in LORAIN, OH (zip code 44053), compared to 49 the prior year.

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

The median listing price in LORAIN, OH 44053 is $251,560 as of March 2026, a 22.3% decrease from $323,675 the prior year.

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

Homes in LORAIN, OH 44053 spend an average of 65 days on the market before going under contract, compared to 33 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 March 2026, LORAIN, OH 44053 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 33 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 $5,031 compared to a typical 5% commission on the median listing price of $251,560. 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.