Market Intelligence · OH / Lorain

Lorain, OH 44053 Housing Market

The typical home value in Lorain, OH 44053 is $246,174, up 4.9% over the past year as of September 2026. The median list price sits at $252,250, and homes are spending a median of 34 days on market.

Updated September 2026Median value$246K

The median home value in Lorain, OH 44053 is $246K as of September 2026, up 4.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 44053 range

$226K to $266K

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

+4.9% over 12 months

Sep 2025$235K

Low $235KHigh $246K

Sep 2026$246K

The numbers

What is the 44053 housing market like?

As of September 2026

Typical home value

$246K

4.9%YoY

Median list price

$252K

0.9%MoM

Days on market

5.6%MoM

Homes for sale

53.8%MoM

Price cuts

25.8%

56.2%MoM

New listings

7.1%MoM

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

The outlook

44053 housing market forecast 2027

+3.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 44053 to rise 3.3% by September 2027.

Over the 12 months through September 2026, typical home values in 44053 rose 4.9%, per the Zillow Home Value Index.

Will home prices drop in 44053?

Zillow's forecast does not call for a drop: it expects typical home values in 44053 to rise 3.3% by September 2027, after a 4.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 44053 home prices compare?

44053$246,174
Lorain$138,990
Ohio$222,406
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Lorain: 3 ZIPs; Ohio: 1,024 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there were 40 homes for sale in the 44053 ZIP, with 26 new listings coming on the market. The median list price was $252,250, and the typical home value reached $246,174, up 4.9% over the past year. Homes moved at a reasonable pace, with a median of 34 days on market. About 25.8% of listings had a price cut. For sellers, this is a market with real demand and rising values, but buyers are pushing back on overpricing, so pricing correctly from the start matters.

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Down payment20% · $49,235

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Common questions

What people ask us.

How much is a home in 44053 worth?

The typical home value in Lorain, OH 44053 is $246,174, up 4.9% over the past year as of September 2026.

How long do homes take to sell in 44053?

Homes in the 44053 ZIP spent a median of 34 days on market as of September 2026.

Are sellers cutting prices in 44053?

As of September 2026, 25.8% of listings in 44053 had a price cut. The median list price was $252,250.

Discover

Nearby ZIP markets.

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