Lorain, OH 44053 Real Estate & Property Data

Lorain, OH 44053 Real Estate Market Trends
Last Updated: September 20, 2025

A total of 427 residential properties have been sold over the past 12 months in 44053. With a median sales price of $260,750 in 44053 and a total of 4 foreclosures in Lorain, OH 44053. Discover market trends and get the granular level real estate data for Lorain, OH 44053 to keep your pulse on the housing market. Curate compelling home reports for Lorain, OH 44053 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lorain, OH 44053 Real Estate Market Trends
Total Residential Properties 7,015
Total Commercial Properties 888
Avg. Home Age (Single Family Home) 42 Years
Avg. Square Feet (Single Family Home) 1,758
Total 2025 Residential Sales (year-to-date) 227
% of Homes Seriously Underwater (Q3 2025) 0.72%
Total 2024 Residential Sales 391
% of Equity Rich Homes (Q3 2025) 40.56%
Effective 2024 Property Tax 1%
Total Foreclosure Filings (year-to-date) 27
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Lorain, OH 44053 Real Estate Overview

There were 427 residential properties sold in the past year in Lorain, OH 44053. The median home value in Lorain, OH 44053 is $247,750. There are a total of 7,015 residential properties in the 44053.

Median Sales Price i
$260,750
(Jul 2025)
+25.7%
year-over-year
y-o-y
  • July '25 Jul '25 $260,750
  • June '25 Jun '25 $258,409
  • May '25 May '25 $242,000
  • April '25 Apr '25 $237,000
  • March '25 Mar '25 $267,000
  • February '25 Feb '25 $196,750
  • January '25 Jan '25 $192,000
  • December '24 Dec '24 $249,500
  • November '24 Nov '24 $213,500
  • October '24 Oct '24 $235,000
  • September '24 Sep '24 $274,900
  • August '24 Aug '24 $224,900
Median Down Payment i
$32,500
(Jul 2025)
+399.1%
year-over-year
y-o-y
  • July '25 Jul '25 $32,500
  • June '25 Jun '25 $6,630
  • May '25 May '25 $20,500
  • April '25 Apr '25 $14,675
  • March '25 Mar '25 $18,950
  • February '25 Feb '25 $10,500
  • January '25 Jan '25 $6,575
  • December '24 Dec '24 $5,344
  • November '24 Nov '24 $19,500
  • October '24 Oct '24 $10,530
  • September '24 Sep '24 $64,701
  • August '24 Aug '24 $14,012
Number of Homes Sold i
44
(Jul 2025)
+57.1%
year-over-year
y-o-y
  • July '25 Jul '25 44
  • June '25 Jun '25 33
  • May '25 May '25 33
  • April '25 Apr '25 34
  • March '25 Mar '25 30
  • February '25 Feb '25 28
  • January '25 Jan '25 25
  • December '24 Dec '24 23
  • November '24 Nov '24 46
  • October '24 Oct '24 37
  • September '24 Sep '24 30
  • August '24 Aug '24 36
Number of Purchase Loans i
33
(Jul 2025)
+73.7%
year-over-year
y-o-y
  • July '25 Jul '25 33
  • June '25 Jun '25 19
  • May '25 May '25 30
  • April '25 Apr '25 19
  • March '25 Mar '25 16
  • February '25 Feb '25 18
  • January '25 Jan '25 16
  • December '24 Dec '24 20
  • November '24 Nov '24 27
  • October '24 Oct '24 13
  • September '24 Sep '24 12
  • August '24 Aug '24 26
Number of REFI Loans i
24
(Jul 2025)
+26.3%
year-over-year
y-o-y
  • July '25 Jul '25 24
  • June '25 Jun '25 24
  • May '25 May '25 32
  • April '25 Apr '25 27
  • March '25 Mar '25 20
  • February '25 Feb '25 19
  • January '25 Jan '25 13
  • December '24 Dec '24 21
  • November '24 Nov '24 22
  • October '24 Oct '24 20
  • September '24 Sep '24 22
  • August '24 Aug '24 18
Number of HELOC Loans i
12
(Jul 2025)
year-over-year
y-o-y
  • July '25 Jul '25 12
  • June '25 Jun '25 13
  • May '25 May '25 5
  • April '25 Apr '25 11
  • March '25 Mar '25 9
  • February '25 Feb '25 7
  • January '25 Jan '25 5
  • December '24 Dec '24 11
  • November '24 Nov '24 12
  • October '24 Oct '24 4
  • September '24 Sep '24 9
  • August '24 Aug '24 10

Lorain, OH 44053 Foreclosure Activity

There were a total of 4 Lorain, OH 44053 properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 2 Lorain, OH 44053 properties and repossessed 1 Lorain, OH 44053 properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i
4
(Jul 2025)
  • July '25 Jul '25 4
  • June '25 Jun '25 5
  • May '25 May '25 6
  • April '25 Apr '25 N/A
  • March '25 Mar '25 5
  • February '25 Feb '25 4
  • January '25 Jan '25 3
  • December '24 Dec '24 1
  • November '24 Nov '24 4
  • October '24 Oct '24 1
  • September '24 Sep '24 9
  • August '24 Aug '24 6
Foreclosure Starts i
2
(Jul 2025)
  • July '25 Jul '25 2
  • June '25 Jun '25 5
  • May '25 May '25 5
  • April '25 Apr '25 N/A
  • March '25 Mar '25 4
  • February '25 Feb '25 2
  • January '25 Jan '25 3
  • December '24 Dec '24 1
  • November '24 Nov '24 3
  • October '24 Oct '24 N/A
  • September '24 Sep '24 6
  • August '24 Aug '24 5
Completed Foreclosures (REOs) i
1
(Jul 2025)
  • July '25 Jul '25 1
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
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