Housing Report for Lorain County, Ohio

Lorain County had a median home value in the year 2005 of $141,300, published by the American Community Survey. This home value is greater than the Ohio 2005 home median value of $129,600 and less than home value of $167,500 across the United States during the same year.

The owner-occupied dwellings in Lorain County, Ohio have moderate increases from the housing values in 2000. The residential values have increased by $26,200, or 22.8 percent, from when in 2000 they were valued at $115,100.

In the State of Ohio, Lorain County ranks 12 of 88 by percent in growth of new residential structures. The county places 704 of 3,141, comparing the percentage change in residential in other US counties.

In Lorain County, the census reported 120,052 homes in 2005. The county has experienced a growth in housing units, adding in all 6,643 residential units since 2001, or 5.9 percent.

There is a fair amount of housing that is affordable in Lorain County, Ohio. In 2005, 39.3 percent of the homes were valued under $125,000.

Lorain County has a medium proportion of high-valued homes. In 2005, the American Community Survey reports that 1.4 percent of the homes were valued over $500,000.

Data Source: U.S. Census Bureau