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Lorain

Lorain

Located in Lorain County

$177,801 Average Value
$123 Average Price per Sq Ft
116 Homes For Sale

An Ohio city shifting away from industry

On the surface, Lorain, Ohio, embodies the challenges facing cities across the nation’s Rust Belt. Once home to large companies like the American Ship Building Company and Ford Motor Company, today, the largest employers of city workers are Mercy Health, the Lorain City School District and Lorain Tubular. After unresolved labor disputes forced the shutdown of American Ship Building Company’s Lorain plant in the 1980s, the city’s population fell into decline, from a peak of 78,000 in 1970 to 65,138 in 2022. Yet, as the birthplace of the great American writer Toni Morrison and homeplace of a thriving arts and culture scene, the city is working to outshine its industrial past with an eye towards the future.

A neighborhood in Sheffield Lake overlooks the Sheffield Ford Assembly plant.
A neighborhood in Sheffield Lake overlooks the Sheffield Ford Assembly plant.
Houses wind along sleepy streets in Sheffield Village.
Houses wind along sleepy streets in Sheffield Village.
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From suburban homes to lakeside manors

Lorain sits on the banks of Lake Erie, so homes can be found on the lake or along suburban streets with tall oaks and neatly trimmed lawns. Colonial revival homes are popular throughout the city, but Lorain’s housing selection includes ranch-style homes, split-levels, modern craftsman homes and lakeside townhomes. Small single-family homes can sell for as little as $50,000, and large lakeside homes can sell for more than $1 million. Condos and townhomes typically sell between $75,000 and $310,000. When asked why people choose Lorain over surrounding areas, Russell Real Estate Services real estate agent Steve Lawson says affordability plays a big part. “It could be the lake,” Lawson says. “But taxes are cheaper and property values are cheaper.”

Cape Cod inspired new construction homes are popular in the new developments in Columbia Station
Cape Cod inspired new construction homes are popular in the new developments in Columbia Station
Ranch style home with a tidy lawn in Oberlin.
Ranch style home with a tidy lawn in Oberlin.
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Lorain City School District

The Lorain City School District earns an overall grade of C-minus on Niche and hosts 10 elementary schools – including Toni Morrison Elementary School – three middle schools and one high school. The district has nearly 6,000 students, earning a student-teacher ratio of 16:1, and has a graduation rate of 71%. Private options include St. Anthony of Padua, which feeds to nearby Elyria Catholic High School, and Lorain Preparatory Academy and High School. Post-secondary educational options include nearby Lorain County Community College and Oberlin College, a private college known for its music programs.

Kids can participate in a variety of competitive athletic programs at Oberlin Elementary.
Kids can participate in a variety of competitive athletic programs at Oberlin Elementary.
Kids are challenged to excel at Oberlin High School.
Kids are challenged to excel at Oberlin High School.
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Lakeview Beach, Foxcreek Golf Course and other green spaces

The Parks and Recreation department manages 56 parks, offering over 800 acres of green space. The park system provides 22 playgrounds, 19 baseball fields and 16 basketball courts. Other amenities include tennis courts, picnic facilities and wooded bike trails. Residents can enjoy the lake at Lakeview Beach, and the city is home to numerous marinas where boaters can dock or launch. The city’s championship golf course, Foxcreek Golf and Racquet Club, offers an 18-hole course along a tributary of Lake Erie.

Indoor recreation is often centered around the Lorain Public Library, home to the Toni Morrison Reading Room. Dedicated in 1995, this room honors the Nobel laureate who worked at the library early in her life. It includes original literary works and artwork donated by the author as well as artifacts from across her life. The library also hosts an annual Toni Morrison Day with poetry and essay contests.

Play a round of golf at Echo Valley Golf Course in Wellington.
Play a round of golf at Echo Valley Golf Course in Wellington.
Wellington Community Park has baseball fields and open green spaces.
Wellington Community Park has baseball fields and open green spaces.
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Shopping and dining in downtown Lorain

Located just off the banks of Lake Eerie and the Black River, downtown Lorain runs along Broadway, offering locally owned antique shops, tattoo studios, jewelry stores and The Lorain Palace Theatre, which hosts live music, movies and theater performances. “It’s not the biggest shopping area in the city, but downtown Lorain has a lot of history to it,” says Jamal, the assistant administrator at The Lorain Palace Theater. “The theater’s restoration happened in 1928, and the business has been explosive ever since.” Local eateries options range from rustic coffee shops and artisan bakeries to Mexican, American and Italian restaurants. There are also a few large shopping centers around the city, holding national chains like Walmart, Home Depot and Meijer.

Locals are served up tasty food at Nancy’s Main Street Diner.
Locals are served up tasty food at Nancy’s Main Street Diner.
Locals in Grafton are always welcome to stop in for a delicious meal at Check Please Restaurant
Locals in Grafton are always welcome to stop in for a delicious meal at Check Please Restaurant
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Woollybear and fish festivals

Festivities abound year-round in Lorain, and its events celebrate its varied historical and cultural roots. In the summer, the FireFish Art Festival and the Vermilion Festival of the Fish celebrate the city’s freshwater connections with art, dance, theater, music, local food vendors and the Queen and Princess pageant. Started in 1973, the fall Woollybear Festival pays homage to folklore that says Isabella tiger moth larva—known as banded woolly bears—forecast the severity of the upcoming winter with the amount of black fur they are born with. Other festivals include Rockin' on the River and the Lorain International Festival.

Interstate 90 and the Cleveland Hopkins International Airport

Running along Lake Erie's shores, the Grand Army of the Republic Highway puts downtown Cleveland just about 26 miles east of Lorain. Drivers can connect to the nation’s network of interstates by way of Interstate 90, roughly 6 miles south. The interstate also puts the Cleveland Hopkins International Airport 24 miles away. Lorain County Transit operates two bus routes through the city, both of which connect downtown Lorain to Elyria.

Higher risk of violent crime

Data from the FBI indicates Lorain’s property crime rates mostly follow national averages, but the city’s violent crime rates consistently trend higher than Ohio state and U.S. national averages. Environmental data indicates that some properties close to the Black River may experience some impact from flooding over the next 30 years, but the risk is mainly limited to roads. While the city does experience a full four seasons, its winters can be harsh due to the lake effect. On average, the city sees about 40 inches of snow per year.

Konrad Solberg
Written By
Konrad Solberg
David Fritzson
Video By
David Fritzson

Interested in learning more about homes in this area? Reach out to John Fitch, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Area Facts

Number of Homes
21,635
Number of Homes for Sale
116
Median Year Built
1953
Months of Supply
2.00
Average Single Family Home Size Sq Ft
1,422
Significantly below the national average
1,931
Average Townhouse Size Sq Ft
1,826
Average 2 Bedroom Size Sq Ft
1,211
Average 1 Bedroom Size Sq Ft
979
Median Lot Size Sq Ft
7,405

Open Houses

  • Sunday, May 3
    Open Sun 1PM - 3PM

    4559 Oakhill Blvd, Lorain, OH 44053

    $259,900

    • 2 Beds
    • 2 Baths
    • 4559 Oakhill Blvd

    Perfect Beautiful Lake Home.Absolutely Beautiful! If you missed out on the one you wanted in this area, now is your opportunity to be the owner of this amazing 2 story townhouse with newer features from the light fixtures, jetted heated bathtub, double sided fireplace for the warmth and cozy relaxation in the living room and master bedroom. This amazing home is near the Fairways of Fox Creek

    Agent Photo
    Doris Neenan
    The Holden Agency
    (440) 636-4926
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  • Saturday, May 2
    Open Sat 12PM - 2PM

    4124 Leavitt Rd, Lorain, OH 44053

    $184,000

    • 3 Beds
    • 1.5 Baths
    • 1,624 Sq Ft
    • 4124 Leavitt Rd

    Wonderful Split-Level Home in Lorain, Ready for Your Personal Touch! Discover the perfect opportunity at 4124 North Leavitt Rd, Lorain, OH, a charming split-level residence offering great space, practical features, and solid updates throughout. This inviting home features 3 bedrooms and 1.5 baths, providing comfortable living for families or those seeking extra room. The main level boasts a

    Agent Photo
    Molly Szafran
    Russell Real Estate Services
    (440) 635-3913
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  • Saturday, May 9
    Open Sat 11AM - 1PM

    300 Concord Dr, Lorain, OH 44052

    $195,000

    • 3 Beds
    • 2 Baths
    • 1,811 Sq Ft
    • 300 Concord Dr
    • New 1 day ago

    Updated kitchen. Hardwood floors. Spacious backyard. Over 1,800 square feet of move-in ready living featuring a professionally installed, high-performance roof completed within the last five years. This is the one you’ve been waiting for. Welcome to 300 Concord Dr., where timeless charm meets modern convenience. This well-maintained 3-bedroom, 2-bath home offers over 1,800 square feet of

    Keymasha Knight Keller Williams Citywide

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Lorain Has More Owners

Rental Home Trends

Number of Homes for Rent
76
Median Rent
$1,225
Median Single Family Home Rent
$1,325
Median 4 Bedroom Single Family Home Rent
$1,535
Median Townhouse Rent
$965
Median 2 Bedroom Townhouse Rent
$928
Median Condo Rent
$1,100
Median 2 Bedroom Condo Rent
$1,050

Demographics

Total Population
69,497
Median Age
40
Population under 18
26%
On par with the national average
23.8%
Population over 65
19%
On par with the national average
19.1%

Finances

Median Household Income
$43,775
Significantly below the national average
$79,597
Average Household Income
$57,211

Education and Workforce

High School Graduates
84.1%
College Graduates
12.7%
Below the national average
34.1%
Advanced Degrees
3.8%
Below the national average
13.3%
% Population in Labor Force
57.4%

Weather

Annual Precipitation
42''
Average Winter Low Temperature
21°F
Average Summer High Temperature
84°F
Annual Snowfall
17''

Area Factors

Fairly friendly

Bike Score®®

40 / 100

Fairly friendly

Walk Score®®

40 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lorain
John Fitch
Market First Real Estate Services
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