Is Lorain, OH 44053 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lorain is a seller’s market. With about 1.9 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.9Under 4 months = seller’s market

Sold above original list31.1%Share of sales, last 3 months

Median sale-to-list99.2%Sold price ÷ list price

Median days on market38Listing to accepted offer

Median price per sq ft$159▲ +7.8% vs. last year

Run the numbers for 44053

Prefilled for 44053Can I win this house?Multiple-offer likelihood for a listing Prefilled for 44053Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Amherst 44001Seller’s market $173 /sq ft Avon 44011Seller’s market $219 /sq ft Avon Lake 44012Seller’s market $213 /sq ft Columbia Station 44028Seller’s market $204 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology