Market Snapshot

Report generated March 2026

IndicatorValue
Population314,588
↑ 0.5% since 2020
Median Household Income$70,693
5% below national median
Median Home Value$207,200
Unemployment Rate4.4%
Median Age42.1 years
Housing Vacancy Rate7.2%
Total Land Sales (Past 12 Months)89 transactions
Active Listings114 properties
Avg Days on Market296 days

Rural Land Sales (1+ Acres) (Apr 2025 – Mar 2026)

MetricValue
Median Price/Acre$40,000
Recent Sales64 transactions
Avg Days on Market191 days
Avg Parcel Size8.08 acres
Active Listings48 properties

Recent Rural Land Sales

DateAcresPrice$/AcreAddressCity
Mar 20266.10$520,000$85,24632420 Schwartz RdAvon
Feb 20261.51$85,000$56,291S/l C Darrow RdVermilion
Feb 20261.51$79,900$52,914S/l B Darrow RdVermilion
Feb 20261.51$85,000$56,291S/l D Darrow RdVermilion
Feb 202610.00$200,000$20,000Rear LandAvon
Feb 202610.00$500,000$50,000Center RdAvon
Jan 20261.14$85,000$74,5613139 Grafton RdGrafton
Jan 20261.76$80,000$45,455Darrow RdVermilion
Jan 20261.22$550,000$450,821614 Harris RdSheffield Lake
Jan 20268.85$248,000$28,023High Bridge RdVermilion
DateAcresPrice$/AcreAddressCity
Jan 20265.00$200,000$40,000E Capel RdGrafton
Dec 20251.30$45,000$34,615Capel RdColumbia Station
Dec 202520.31$337,000$16,593Baumhart RdOberlin
Dec 202522.58$430,000$19,04341635 Parsons RdLagrange
Nov 20251.00$17,000$17,00011965 Island RdGrafton
Nov 20252.39$38,000$15,900School StLorain
Nov 20251.01$47,000$46,535457 W Lorain StOberlin
Nov 20251.17$90,000$76,923Rosecliff DrLorain
Oct 20251.21$86,000$71,07444880 Telegraph RdElyria
Oct 20251.30$150,000$115,385V/l Liberty AveVermilion
Oct 202544.14$150,000$3,39838506 Crook StGrafton
Oct 20252.00$65,000$32,5004322 E River RdSheffield Village
Oct 20257.77$156,000$20,077Quarry RdOberlin
Oct 20259.23$270,000$29,252Parsons RdGrafton
Oct 20251.30$207,000$159,2312928 W Erie AveLorain
Sep 202520.00$390,000$19,500Crocker RdColumbia Station
Sep 20253.00$100,000$33,33312466 Quarry RdOberlin
Sep 20251.00$75,000$75,0009123 Oberlin RdElyria
Sep 202515.00$325,000$21,667S V L State Rte #301Lagrange
Aug 20252.52$100,000$39,683Chestnut Ridge RdNorth Ridgeville
Aug 20252.25$515,000$228,889Royalton RdColumbia Station
Aug 20251.48$500,000$337,8383602 Nagel RdAvon
Aug 20252.01$83,000$41,294Lost Elm RdOberlin
Aug 20252.41$785,000$325,728Capel RdColumbia Station
Aug 202551.26$785,000$15,314Capel RdColumbia Station
Aug 20251.18$99,000$83,89839308 Colorado AveAvon
Aug 20251.00$250,000$250,0002250 Jaycox RdAvon
Aug 202510.92$180,000$16,484Smith RdLitchfield
Jul 202510.15$200,000$19,7040 Meister RdLorain
Jul 202524.62$393,000$15,963Cletus RdNorth Ridgeville
Jul 20252.30$75,000$32,609State Route 303Wellington
Jul 20251.00$51,500$51,50018 State RteWellington
Jul 20251.27$204,000$160,113Arianna AveLorain
Jun 20259.47$225,000$23,759W Ridge RdElyria
Jun 20251.72$195,000$113,372Timber Ridge RdGrafton
Jun 202535.78$700,000$19,56447500 Middle Ridge RdAmherst
Jun 202538.84$60,000$1,545Oberlin RdOberlin
Jun 20251.56$72,000$46,154Jerusalem RdVermilion
Jun 20251.00$52,000$52,0000 Sunnyside Rd Lot 3Vermilion
Jun 20251.00$60,000$60,0001025 Cleveland AveAmherst
Jun 20259.73$75,000$7,708Rachael DrLagrange
Jun 20258.99$199,500$22,191V/l N Ridge RdVermilion
Jun 20251.45$235,000$162,069Lear Nagle RdNorth Ridgeville
May 20255.71$110,000$19,264Peck Wadsworth RdWellington
May 20252.50$38,500$15,400Baumhart RdAmherst
May 202510.03$170,000$16,949Dunham RdLitchfield
May 20251.99$40,000$20,101East AveElyria
May 20253.11$145,000$46,603Albrecht RdElyria
Apr 20251.62$30,000$18,5194401 Jaeger RdLorain
Apr 202526.00$308,861$11,879Whitehead RdLagrange
Apr 20251.54$150,000$97,403Timber Ridge RdGrafton
Apr 202534.00$435,568$12,811Whitehead RdLagrange
Apr 20251.23$85,000$69,106Jerusalem RdVermilion
Apr 20251.17$60,000$51,2825319 Barton RdNorth Ridgeville

Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Mar 2026)

MetricValue
Median Lot Price$40,000
Recent Sales25 transactions
Avg Days on Market91 days
Avg Parcel Size0.38 acres
Active Listings66 properties

Recent Suburban/Urban Land Sales

DateAcresPriceAddressCity
Mar 20260.58$28,000829-831 Robinson DrLagrange
Mar 20260.53$55,000Stonebridge DrAmherst
Mar 20260.38$11,000567 Vicksburg CtLagrange
Mar 20260.20$15,000230 4th StElyria
Feb 20260.23$7,000Forest LnLorain
Feb 20260.23$7,000V/l 2918 Forest LnLorain
Feb 20260.95$20,0000 State Route 511Ashland
Jan 20260.39$635,000Edgewater BlvdVermilion
Jan 20260.35$702,700Lear RdAvon Lake
Jan 20260.12$18,000518 Lafayette BlvdSheffield Lake
DateAcresPriceAddressCity
Dec 20250.38$60,000Allandale DrAmherst
Dec 20250.59$89,000Lear RdAvon Lake
Dec 20250.20$36,00039058 Ryan CtElyria
Nov 20250.28$289,900Dupont DrColumbia Station
Nov 20250.66$110,0002852 Jaycox RdAvon
Nov 20250.34$8,500Denver AveLorain
Nov 20250.18$40,000LOT 37 Sunset CtElyria
Nov 20250.14$40,000LOT 38 Sunset CtElyria
Oct 20250.61$5,6005504 Colorado AveSheffield Village
Oct 20250.31$6,500,000636 U S Grant StLagrange
Oct 20250.46$80,000Long RdAvon
Sep 20250.57$74,500Detroit RdAvon
Sep 20250.25$45,0001255 Chapel CtAmherst
Sep 20250.44$15,000Robinwood AveSheffield Lake
Sep 20250.22$60,0000 Vermilion RdVermilion

County Profile

DemographicValue
Total Population (2023)314,588
Population (2020)312,964
Population Growth0.52%
Median Household Income$70,693
Median Home Value$207,200
Total Housing Units135,584
Vacant Housing Units9,728
Housing Vacancy Rate7.2%
Median Age42.1
Bachelor's Degree or Higher38,245 (12.2%)
Unemployment Rate4.4%

Market Overview

Lorain County, Ohio has a population of 314,588, which has grown 0.52% since 2020. The median household income is $70,693, below the national median of $74,580 by 5.2%. The housing vacancy rate of 7.2% suggests balanced market conditions. Lorain County is part of Ohio's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $33,333 per acre, with properties averaging 9.60 acres. There are currently 114 active land listings in the county.

Frequently Asked Questions

What is the current population of Lorain County, Ohio?
As of the 2023 American Community Survey, Lorain County has a population of 314,588. The county has grown 0.52% since the 2020 Census, indicating a growing community.
What is the median household income in Lorain County?
The median household income in Lorain County is $70,693, which is 5.2% below the national median of $74,580.
Is Lorain County growing or shrinking?
Lorain County is growing. The population has increased 0.52% since 2020.
What is the housing market like in Lorain County?
The median home value in Lorain County is $207,200. The housing vacancy rate is 7.2%, which suggests balanced market conditions. The unemployment rate is 4.4%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $33,333 per acre. Suburban/urban lots under 1 acre have a median lot price of $36,000.
Does Reelvest buy land in Lorain County, Ohio?
Yes! Reelvest Properties buys vacant land throughout Ohio, including Lorain County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.