Elyria, OH Home Values & Market Trends

Real estate market trends reflect that there have been 1,241 transactions over the past year in Elyria. The median value for residential home transactions that occurred over the previous year is $160,868.54. The number of current listings in Elyria is 14, and the percentage of properties for sale in the city is 14.00%. Elyria, OH currently has 57 properties in foreclosure, 4 bank owned properties, 16 properties headed for auction, and 14 properties for sale.

Elyria, OH Real Estate Market Overview

ZipMedian Est. Value
44035

$ 141,500

$ 137/sqft

Housing Market Summary for Elyria, OH

Apr 2023March 2024Change
Median Listing Price$116.5K$159.7K37.16%
Median Sold Price$149.3K$159.7K6.96%
Homes For Sale817112.50%
Homes Sold6907194.20%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Elyria, OH

Elyria home values range from $19,186 to $1,212,521. The median estimated value of a home in Elyria is $160,868.54. The median list price of a home is 150,950, and the total count of properties in the city is 20,443.

Foreclosure
There is 1 zips within Elyria, OH; within this zips, the median estimated home value for homes in foreclosure ranges from $329,776 in 44035 to the lowest value of $41,424 in 44035. Foreclosure homes account for 0.00% of properties in Elyria, OH with 44035 containing 57 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.18% of all residential properties in Elyria, OH with 44035 containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elyria, OH; of that zips, the estimated home value for pre-foreclosure homes ranges from $329,776 in 44035 to the lowest home value of $41,424 in 44035.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Elyria, OH ranges from the highest value of $167,904 in 44035 to the lowest value of $78,103 in 44035. Bank owned homes and properties account for 0.02% of properties in Elyria, OH. There is 1 zips within Elyria, OH; 44035 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    44035 has 16 auction properties, the highest number of properties going to auction in a single zip in the state of Elyria, OH. Auction homes and other auction properties account for 0.08% of all properties in Elyria, OH. There is 1 zips within Elyria, OH; of that zips, the median estimated home value for homes going to auction ranges from $228,660 in 44035 to the lowest value of $64,605 in 44035.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.07% of residential properties in Elyria, OH with 44035 containing 15 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Elyria, OH; homes for sale in that zips, have a range of median values from $510,000 in 44035 to the lowest value of $73,650 in 44035.
    Sold Homes
    The median value for recently sold homes ranges from $544,065 in 44035 to the lowest price of $24,803 in 44035. There is 1 zips within Elyria, OH. 44035 has 746 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.66% of properties in Elyria, OH.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Elyria, OH
      $
      $

      Guide for Elyria, OH

      Market Reports
      Toledo Real Estate Market Analysis March 2024
      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports
      Cincinnati Real Estate Market Show Consistent Growth in 2023
      Home Buying Guides & Tips
      Ohio Foreclosure Laws
      See More Articles
      Toledo Real Estate Market Analysis March 2024
      Market Reports|posted 14 March 2024

      Property values in Toledo’s real estate market fluctuated in recent months, recent trend data shows.

      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.

      Cincinnati Real Estate Market Show Consistent Growth in 2023
      Market Reports|posted 28 February 2024

      Cincinnati’s real estate market has showcased promising growth in 2023, marked by an increase in property values and prices per square foot.

      Ohio Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Ohio Foreclosure Laws