Market Intelligence · OH / Lorain

Lorain, OH 44053 Housing Market

The typical home value in Lorain's 44053 ZIP code is $247,292, up 4.1% over the past year. The median list price is $250,000, and homes are spending a median of 36 days on the market.

Updated August 2026Median value$247K

The median home value in Lorain, OH 44053 is $247K as of August 2026, up 4.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 44053 range

$227K to $267K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.6% over 12 months

Typical home value in 44053 over the last 12 months: $236K in Aug 2025 to $247K in Aug 2026 (+4.6%).

Aug 2025$236K

Aug 2026$247K

The numbers

What is the 44053 housing market like?

Typical home value

$247K

Up4.6%YoY

Median list price

$250K

Down13.2%MoM

Days on market

36

Down10.0%MoM

Homes for sale

26

Down16.1%MoM

Price cuts

16.5%

Down14.8%MoM

New listings

28

Up133.3%MoM

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

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The comparison

How do 44053 home prices compare?

  • 44053$246,808
  • Lorain$142,072
  • Ohio$225,688
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lorain: 3 ZIPs; Ohio: 1,024 ZIPs; United States: 26,265 ZIPs).

Context

There are 26 homes for sale in 44053, with 28 new listings coming to market. That fresh supply gives buyers options without flooding the market. The median list price sits at $250,000, close to the typical home value of $247,292, which has risen 4.1% over the past year. Homes are moving at a steady clip, with a median of 36 days on market, and 16.5% of listings have taken a price cut. For a seller, the data points to a stable market where correct pricing from day one matters more than testing high.

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20% · $49,362

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