The median home value in Lorain, OH is $157,363 as of 2026-07-31, up 3.94% from a year earlier.
Median Home Value
$157,363
Year-over-Year
+3.94%
Population
65,374
Lorain ranks #189 of 212 Ohio cities tracked here by median home value, and sits 36.6% below the state's city median of $248,312. It sits in Lorain County, where the county-wide median is $266,024.
Median household income in Lorain is $48,685, so the typical home value is about 3.2× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Lorain police recorded a violent crime rate of 581 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 1,551 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Lorain, that value is $157,363. That's up 3.94% from a year earlier. It is about 36.6% below the typical Ohio city tracked here.
Homes in Lorain are cheaper than Lorain County as a whole, where the median is $266,024 — a difference of about 40.8%.
Median household income here is $48,685, so the typical home value is about 3.2× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Lorain police reported 581 violent crimes per 100,000 residents, covering a population of about 65,374. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.