Zip 44052 (Lorain, OH) Housing

The housing market in Lorain, OH (44052) is doing well above the national average, with a median value of $108,200 compared to the US median value of $338,100. Over the past year, house appreciation in Lorain has been 10.26%, significantly higher than the 8.27% increase seen across the US as a whole. This trend indicates that Lorain's housing market is continuing to be a lucrative investment and should remain strong for years to come.

The median home cost in Lorain (zip 44052) is $108,200. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Lorain (zip 44052) is up 13.4%.

Average Age of Homes

- The median age of Lorain (zip 44052) real estate is 63 years old

The Rental Market in Lorain (zip 44052)

- Renters make up 38.5% of the Lorain (zip 44052) population
- 3.7% of houses and apartments in Lorain (zip 44052), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lorain, Ohio	United States
	13,651.0	139,647,020.0
	70	42
	$108,200	$338,100
	13.4%	16.6%
	47.5%	57.0%
	69.3%	101.1%
	$16.49	$10.98
	$1,402	$2,690
	44.1%	57.4%
	14.4%	11.2%
	41.5%	31.4%
Vacant Housing
	3.7%	1.9%
	0.4%	0.4%
	1.2%	0.7%
	0.7%	0.4%
	0.8%	3.6%
	7.6%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	5.6%	2.4%
	14.3%	2.8%
	22.5%	3.9%
	21.4%	4.5%
	21.0%	11.3%
	6.8%	13.0%
	4.3%	20.1%
	1.4%	13.6%
	0.1%	8.3%
	1.5%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.1%	13.6%
	2.1%	13.6%
	2.0%	13.6%
	2.8%	13.2%
	9.2%	14.8%
	2.0%	13.6%
	21.6%	10.0%
	10.1%	4.7%
	38.7%	12.2%

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