The median home value in Lorain, OH is $140,000. This is lower than the county median home value of $140,300. The national median home value is $219,700. The average price of homes sold in Lorain, OH is $140,000. Approximately 49.05% of Lorain homes are owned, compared to 37.32% rented, while 13.63% are vacant. Lorain real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lorain real estate agent to arrange a tour today!
Lorain, Ohio has a population of 63,731. Lorain is less family-centric than the surrounding county with 22.27% of the households containing married families with children. The county average for households married with children is 27.24%.
The median household income in Lorain, Ohio is $36,139. The median household income for the surrounding county is $54,987 compared to the national median of $57,652. The median age of people living in Lorain is 37.6 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 38.1 inches per year, with 43.1 inches of snow per year.