In its May 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Lorain County, Ohio.
The report shows that the Median Sale Price in Lorain County reached $247,000 as of May 2024, marking an increase of 9.8% over the previous month and a 8.6% rise compared to a year ago.
The area witnessed the sale of 297 homes during this period, which is a 6.5% increase from the preceding month and an increase of 6.5% compared to the same timeframe last year.
The Median Days on Market for homes in Lorain County stood at 15 days, which is a decrease of 7 days days over the previous month and down by 1 day day from the previous year.
The Market Pulse Score for Lorain County comes in at 104, pointing to a rising trend within the local real estate market.
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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