2025 Compare Cities Housing:
Lorain, OH vs Newark, OH

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Highlights
- The median age of a home in Lorain is 4.8% older than the median age of a home in Newark.
 Lorain, OHNewark, OHUnited States
 Median Home Age62  Unlock42
 Median Home Cost  Unlock$198,800$338,100
 Home Appr. Last 12 months13.4%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock62.4%57.0%
 Home Appr. Last 10 yrs.69.3%  Unlock101.1%
 Property Tax Rate  Unlock$12.4$11.0
 Homes Owned48.2%  Unlock57.4%
 Housing Vacant  Unlock10.7%11.2%
 Homes Rented40.1%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Lorain, OHNewark, OHUnited States
 Average Rent  Unlock$1,120$1,840
 Studio Apartment$640  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$750$1,180
 2 Bedroom Home or Apartment$880  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,140$1,860
 4 Bedroom Home or Apartment$1,210  Unlock$2,160
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 Vacant Housing
 Lorain, OHNewark, OHUnited States
 Vacant For Rent  Unlock3.3%1.9%
 Vacant Rented0.8%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock0.8%3.6%
 Vacant Other6.2%  Unlock4.1%
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 Owner-Occupied Housing Value
 Lorain, OHNewark, OHUnited States
 Less Than $20,000  Unlock1.7%2.6%
 $20,000 to $39,9996.0%  Unlock2.4%
 $40,000 to $59,999  Unlock4.5%2.8%
 $60,000 to $79,99917.6%  Unlock3.9%
 $80,000 to $99,999  Unlock12.0%4.5%
 $100,000 to $149,99920.4%  Unlock11.3%
 $150,000 to $199,999  Unlock22.8%13.0%
 $200,000 to $299,99910.5%  Unlock20.1%
 $300,000 to $399,999  Unlock6.3%13.6%
 $400,000 to $499,9991.0%  Unlock8.3%
 $500,000 to $749,999  Unlock0.6%9.7%
 $750,000 to $999,9990.1%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Lorain, OHNewark, OHUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock7.1%13.6%
 2000 to 20094.8%  Unlock13.6%
 1990 to 1999  Unlock10.2%13.6%
 1980 to 19894.9%  Unlock13.2%
 1970 to 1979  Unlock13.8%14.8%
 1960 to 19694.3%  Unlock13.6%
 1950 to 1959  Unlock12.4%10.0%
 1940 to 19497.2%  Unlock4.7%
 1939 or Earlier  Unlock28.7%12.2%
Reviews for Lorain    8 Reviews

Over 11 years ago

Well, in short...It Sucks !!! It's become like the movie "Escape from New York". The city of Lorain has the highest amount of sex offenders and other criminals. The  More

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Over 14 years ago

I lived in Lorain for over 40 years of my life. It used to be a nice place to grow up and then raise a family. I return every year to visit family and meet up with  More

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Over 17 years ago

Living in Ohio is very unmotivating. There have been job cuts, homelessness and uncompassion all around us here. We strive to get ahead and take care of our families.   More

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Reviews for Newark    7 Reviews

I have lived here in Newark for over nine and a half years. This isn't the best place to live. Sure there's historical buildings, including the courthouse, and the  More

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We retired to Newark, coming from the ‘burbs of the Chicago area. People we meet are surprised to hear that someone would choose Newark to retire to, but as newcomers  More

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This city is good for the older generation, rtetiring, and folks that wont mind settling in an affordable-yet-boring town. Crime is going up. Poverty increasing, and  More

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