Market Intelligence · OH / Lorain

Lorain, OH 44055 Housing Market

In Lorain, OH 44055, the typical home value is $127,380, up 4.8% over the past year as of September 2026. The median list price stands at $137,500, and homes spend a median of 44 days on market.

Updated September 2026Median value$127K

The median home value in Lorain, OH 44055 is $127K as of September 2026, up 4.8% 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 44055 range

$117K to $138K

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

+4.8% over 12 months

Typical home value in 44055 over the last 12 months: $122K in Sep 2025 to $127K in Sep 2026 (+4.8%).

Sep 2025$122K

Sep 2026$127K

The numbers

What is the 44055 housing market like?

Typical home value

$127K

Up4.8%YoY

Median list price

$138K

Up3.8%MoM

Days on market

44

Down15.4%MoM

Homes for sale

33

Up10.0%MoM

Price cuts

11.8%

Down59.9%MoM

New listings

20

Up25.0%MoM

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

The outlook

44055 housing market forecast 2027

+4.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 44055 to rise 4.1% by September 2027.

Over the 12 months through September 2026, typical home values in 44055 rose 4.8%, per the Zillow Home Value Index.

Will home prices drop in 44055?

Zillow's forecast does not call for a drop: it expects typical home values in 44055 to rise 4.1% by September 2027, after a 4.8% 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 44055 home prices compare?

  • 44055$127,380
  • 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, Lorain, OH 44055 had 33 homes for sale and 20 new listings coming onto the market. The median list price is $137,500, and homes are taking a median of 44 days to sell. Meanwhile, 11.8% of listings have taken a price cut, while the typical home value of $127,380 is up 4.8% over the past year. For a seller, that points to steady demand but limited room for overpricing.

Monthly payment

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20% · $25,476

Common questions

What people ask us.

How much is a home in 44055 worth?

The typical home value in Lorain, OH 44055 is $127,380, up 4.8% over the past year as of September 2026.

How long does it take to sell a home in 44055?

Homes in Lorain, OH 44055 spend a median of 44 days on market as of September 2026.

Are sellers cutting prices in 44055?

As of September 2026, 11.8% of listings in Lorain, OH 44055 had a price cut, with a median list price of $137,500.

Discover

Nearby ZIP markets.

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Guides for sellers.