MyMarketPulse (mymarketpulse.com) recently disclosed its November 2024 findings on the housing market conditions in Lorain County, Ohio.
November 2024’s data reveals a Median Sale Price of $240,000 for homes in Lorain County. This figure represents a decline of 2.6% month-over-month and a 10.0% year-over-year increase.
During this period, 266 homes were sold in the area, reflecting a decrease 3.6% compared to the month beforeand and an increase of 9.0% from the same month in the previous year.
Furthermore, homes in Lorain County were on the market for an average of 18 days before selling, reflecting a decrease of 7 days days month-over-month and a decrease of 6 days day year-over-year.
With a Market Pulse Score of 102, the analysis suggests a rising trend in Lorain County’s housing market momentum.
For more information about the Lorain County, Ohio market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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