Lorain, OH 44053 Multi-family Properties For Sale
The median home value in Lorain, OH 44053 is $192,700. This is lower than the county median home value of $214,100. The national median home value is $338,100. The average price of homes sold in Lorain, OH 44053 is $192,700. Approximately 57.69% of Lorain, OH 44053 homes are owned, compared to 34.99% rented, while 7.32% are vacant. Lorain, OH 44053 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Lorain, OH 44053 real estate agent to arrange a tour today!
Learn More About Lorain, OH 44053 Real EstateStatistics & facts
18,615
Population
$192K
Medium Home Value
8,495
# of Households
7.32%
Housing Vacancy
40.95%
Future Job Growth
3.50%
Unemployment Rate
For Sale
$240,000
714 N Union Street
Kokomo, IN 46901
Listing Courtesy of: Sarah Schaefer - White Stag Realty, LLC 317-965-4849
For Sale
$140,000
2
ba
4,266
sqft
400 W Mulberry Street
Kokomo, IN 46901
Listing Courtesy of: Indiana Regional MLS Steven Childers - Keller Williams Lafayette
For Sale
$525,000
8
ba
3,339
sqft
300 E Taylor Street
Kokomo, IN 46901
Listing Courtesy of: Indiana Regional MLS DJ Butcher - Fortune Companies, Inc
For Sale
$115,000
4
ba
5,224
sqft
709 & 709.5 W Mulberry Street
Kokomo, IN 46901
Listing Courtesy of: Indiana Regional MLS Audra Cannon - CRM Properties, Inc
For Sale
$239,900
4
ba
2,448
sqft
1836-1838 S Armstrong Street
Kokomo, IN 46902
Listing Courtesy of: Indiana Regional MLS Audra Cannon - CRM Properties, Inc
For Sale
$340,000
2
ba
1,960
sqft
2540-2542 N Buckeye Street
Kokomo, IN 46901
Listing Courtesy of: Indiana Regional MLS Renee Chandler - Harrold-Chandler Real Estate
For Sale
$50,000
1
ba
527
sqft
117 W Defenbaugh Street
Kokomo, IN 46902
Listing Courtesy of: Indiana Regional MLS Rick Miles - Miles Realty Group
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, albertw.page@xome.com, 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, albertw.page@xome.com, 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Population
Lorain, OH 44053 has a population of approximately 18,615 and experiences a population change rate of 8.27%. The population density is 1,569.2 / sq mi.
Household
The median household income for Lorain, OH 44053 is $57,596, with 8,495 households and an average household size of 2.38.
Cost of Living
The cost of living index in Lorain, OH 44053 is 84.2%.
Home Value
The median value of a home in Lorain, OH 44053 is $192,700 with an appreciation rate of 13.4%. 57.7% of housing in the zip code is owned while 35.0% is rented.
Employment
The unemployment rate in Lorain, OH 44053 is 3.50%, and recent job growth is at 1.99%. Future job growth is projected at 40.95%.
Taxes
The sales tax rate in Lorain, OH 44053 is 6.50%, while the income tax rate is 3.23%.
Education
School expenditures in Lorain, OH 44053 are $15,914, and the school ratio is 17.7:1.
Weather
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 38.9 inches per year, with 51 inches of snow per year.
Education near Lorain OH, 44053
| Metric | City | County |
|---|---|---|
| High School Graduates | 83.8 | 90.9 |
| College Degree - 2 year | 10.04 | 10.54 |
| College Degree - 4 year | 12.75 | 25.99 |
| Graduate Degree | 3.04 | 7.27 |
| Expenditures per Student | $15,914 | $15,914 |
| Students per Teacher | 17.70 | 17.70 |
Elementary Schools near Lorain OH , 44053
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Admiral King Elementary School | KG - 06 | 380 | 18.6 | 44052 |
| Josiah Harris Elementary School | 03 - 04 | 479 | 16.5 | 44001 |
| Larkmoor Elementary School | PK - 06 | 453 | 21.7 | 44052 |
| Lorain Preparatory Academy | 02 - 08 | 311 | 19.4 | 44053 |
| Powers Elementary School | PK - 02 | 724 | 22 | 44001 |
| Toni Wofford Morrison Elementary School Elementary | PK - 06 | 331 | 16.2 | 44052 |
| Washington Elementary School | KG - 06 | 413 | 19.2 | 44052 |
Middle Schools near Lorain OH , 44053
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Amherst Junior High School | 07 - 08 | 639 | 14.3 | 44001 |
| Constellation Schools: Lorain Community Middle | 05 - 08 | 127 | 13 | 44052 |
| Durling Middle School | 04 - 09 | 549 | 21.4 | 44053 |
| General Johnnie Wilson Middle School | 07 - 08 | 459 | 14.6 | 44052 |
| Longfellow Middle School | 07 - 08 | 538 | 16 | 44052 |
| South Amherst Middle School | 06 - 08 | 422 | 15.9 | 44001 |
| Walter G. NORD Middle School | 05 - 06 | 612 | 19.5 | 44001 |
High Schools near Lorain OH , 44053
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Clearview High School | 09 - 12 | 509 | 17 | 44052 |
| Lorain High School | 09 - 12 | 1803 | 18.4 | 44052 |
| Marion L Steele High School | 09 - 12 | 1279 | 18.6 | 44001 |
Ungraded Schools near Lorain OH , 44053
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * Summit Academy Secondary - Lorain | 09 - 12 | 83 | 7 | 44052 |
| Horizon Science Academy Lorain | KG - 11 | 580 | 13.3 | 44052 |
| Lorain K-12 Digital Academy | KG - 12 | 152 | null | 44053 |
