Lorain County, OH real estate

What the numbers say

Lorain County, OH real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Lorain County listed for $295,750, down 0.6% from a year earlier. That is 4% above the Ohio median of $284,000.

Homes spent a median of 40 days on the market, faster than 43 days a year ago. That makes Lorain County the #12 fastest-selling of 49 Ohio counties we track.

Homeowners in Lorain County pay a median of $3,055 a year in property taxes on a median home value of $223,200, an effective rate of about 1.37%. The Ohio average is 1.31%, which makes Lorain County the #78 lowest-tax of 88 counties in the state with published tax data.

Renters pay a median of $966 a month, and $966 for a two-bedroom. At today's prices a typical home costs about 26 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $296,000 home here comes to about $2,073 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $89,000 a year (the median household here earns $73,347).