Zip 44055 (Lorain, OH) Housing

Lorain, Ohio is a great place to live! The median value of a home in Lorain is $97,000, which is significantly lower than the US House Median Value of $338,100. In addition, Lorain has experienced a 10.26% house appreciation in the last year compared to 8.27% on the national scale. This makes Lorain an excellent option for people looking to invest in real estate or purchase a new home as it offers more bang for your buck!

The median home cost in Lorain (zip 44055) is $97,000. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Lorain (zip 44055) is up 13.4%.

Average Age of Homes

- The median age of Lorain (zip 44055) real estate is 64 years old

The Rental Market in Lorain (zip 44055)

- Renters make up 36.5% of the Lorain (zip 44055) population
- 1.2% of houses and apartments in Lorain (zip 44055), 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
	9,284.0	139,647,020.0
	66	42
	$97,000	$338,100
	13.4%	16.6%
	47.5%	57.0%
	69.3%	101.1%
	$17.30	$10.98
	$1,287	$2,690
	45.2%	57.4%
	12.7%	11.2%
	42.2%	31.4%
Vacant Housing
	1.2%	1.9%
	1.5%	0.4%
	1.1%	0.7%
	1.3%	0.4%
	0.2%	3.6%
	7.4%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	10.0%	2.4%
	18.7%	2.8%
	24.2%	3.9%
	16.1%	4.5%
	13.1%	11.3%
	6.2%	13.0%
	2.2%	20.1%
	5.6%	13.6%
	0.3%	8.3%
	0.0%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	4.0%	13.6%
	5.4%	13.2%
	11.4%	14.8%
	4.0%	13.6%
	18.0%	10.0%
	7.7%	4.7%
	33.4%	12.2%

Reviews for Lorain

See all (0)

Write a Review

Start Your Review of Lorain

Commute

The premier source for comprehensive city data for over 30 years.