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Market Intelligence · OH / Lorain County

Lorain, OH home prices and housing market

3 ZIP markets liveData updated September 2026Typical value$139K1-yr changeUp5.4%

The typical home value in Lorain, OH is $139K as of September 2026, up 5.4% from a year ago, based on the Zillow Home Value Index. In the typical Lorain ZIP code, the median list price is $165K and homes spend a median of 44 days on market as of September 2026 (Realtor.com).

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The coverage

Lorain, by the numbers.

Typical home valueZillow ZHVI, September 2026
$139K
1-yr changeMedian across Lorain ZIPs
+5.4%
ZIP markets live
3
County
Lorain County

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12-month value trend

+5.4% over 12 months

Typical home value in Lorain over the last 12 months: $132K in Sep 2025 to $139K in Sep 2026 (+5.4%).

Sep 2025$132K

Sep 2026$139K

Median Zillow home value index across Lorain's ZIP codes.

Context

The Lorain housing market is showing steady gains heading into the fall of September 2026. The typical home value in the city is $138,990, up 5.4% over the past year. There are 134 homes for sale, and the median list price sits at $164,900. Sellers saw 70 new listings come onto the market, and homes are spending a median of 44 days before going under contract. About 25.5% of listings have taken a price cut, which suggests some sellers are starting above what buyers will pay. For a homeowner thinking about selling in Lorain, the market still favors a well-priced listing, but patience and realistic pricing matter.

The numbers

What is the housing market like in Lorain, OH?

Typical home value

$139K

Up5.4%YoY

Median list price

$165K

Days on market

44

Homes for sale

134

Price cuts

25.5%

New listings

70

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Lorain's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Lorain, OH home prices over time

Typical home values in Lorain, OH are up 5.4% over the past year, from $132K in September 2025 to $139K in September 2026.

Typical home value in Lorain, OH, September of each year
MonthTypical value1-yr change
September 2026$138,990+5.4%
September 2025$131,904No prior year

Typical value is the median Zillow Home Value Index across Lorain ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Lorain, OH a buyer's or seller's market?

Lorain, OH leans toward a buyer's market.

A large share of listings have cut their asking price, which gives buyers more room to negotiate.

Based on a median of 44 days on market and 26% of listings with a price cut in the typical Lorain ZIP code, and 70 new listings against 134 active listings across Lorain, as of September 2026 (Realtor.com).

The outlook

Lorain housing market forecast 2027

+3.6%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 3 Lorain ZIP codes, points to typical home values rising 3.6% by September 2027.

Over the 12 months through September 2026, typical home values in Lorain rose 5.4%, per the Zillow Home Value Index.

Will home prices drop in Lorain?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Lorain shows typical home values rising 3.6% by September 2027, after a 5.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 3 Lorain ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Lorain?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Lorain, OH home prices.

How much is a home in Lorain worth?

The typical home value in Lorain is $138,990 as of September 2026, up 5.4% over the past year. Keep in mind this is a citywide figure, so an individual home may be worth more or less.

How long does it take to sell a home in Lorain?

Homes in Lorain spend a median of 44 days on the market as of September 2026. That is a citywide median, so timing can vary by price and condition.

Are sellers cutting prices in Lorain?

Yes. About 25.5% of listings in Lorain had a price cut as of September 2026, which means roughly one in four sellers adjusted their asking price.

Are home prices going up or down in Lorain, OH?

Typical home values in Lorain, OH are up 5.4% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Lorain, OH a buyer's or seller's market?

Lorain, OH leans toward a buyer's market. A large share of listings have cut their asking price, which gives buyers more room to negotiate. Based on a median of 44 days on market and 26% of listings with a price cut in the typical Lorain ZIP code, and 70 new listings against 134 active listings across Lorain, as of September 2026 (Realtor.com).

Nearby markets

More Ohio housing markets.

The market is moving

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