The East Lorain housing market is very competitive. The median sale price of a home in East Lorain was $142K last month, up 4.0% since last year. The median sale price per square foot in East Lorain is $102, down 6.4% since last year.
What is the housing market like in East Lorain today?
In October 2024, East Lorain home prices were up 4.0% compared to last year, selling for a median price of $142K. On average, homes in East Lorain sell after 11 days on the market compared to 17 days last year. There were 40 homes sold in October this year, up from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$142,000
+4.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
East Lorain, OH
$142,000
+4.0%
United States
To compare other locations to the East Lorain and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lorain add value to a home.
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How hot is the East Lorain housing market?
East Lorain is very competitive. Homes sell in 10 days.
0
100
77
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 10 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on East Lorain housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in East Lorain.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
East Lorain has a minor risk of flooding. 211 properties in East Lorain are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in East Lorain. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
East Lorain has a moderate risk of wildfire. There are 2 properties in East Lorain that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in East Lorain.
East Lorain has minimal risk of severe winds over the next 30 years
Wind Factor
East Lorain has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.