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Featured local agent — Elida, OH
Sarah Mitchell
Compass Real Estate · Elida, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elida, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$241,500median sale price
How is the Elida, OH housing market right now?
The median home sale price in Elida, OH is $241,500, down 30.6% year-over-year. Homes sell in an average of 36 days with 6 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Elida a buyer's or seller's market?
Elida, OH is currently a balanced market, based on 3.0 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
36
Average pace
Active listings
6
3.0 months supply
Sale-to-list
97.4%
Below asking
What does the Elida housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $241,500 |
| Median list price | $247,400 |
| Year-over-year price change | -30.6% |
| Average days on market | 36 days |
| Active inventory | 6 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 97.4% |
| Median price per sq ft | $132/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Elida by property type?
How the Elida, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $241,500 | $132/sq ft | 2 | 36 days |
Source: Redfin · Updated monthly
The Elida housing market is currently classified as a balanced market with a median sale price of $241,500. Prices have fallen 30.6% compared to last year, with homes spending an average of 36 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Elida
There are currently 6 homes listed for sale in Elida, Ohio. The median listing price is $247K.
Active listings
6
Homes on market
Median list price
$247K
Avg. days on market
36
Days until sale
New this week
2
Newly listed
Who lives in Elida?
Population
2,017
Median income
$74,798/yr
Median age
39.6 years
Owner-occupied
78.8%
College grads
29.3%
Avg commute
19.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Elida?
Zillow home value
$254,729
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Elida?
Elida is a community of approximately 2K residents with a median age of 39.6 years.The median household income is $74,798, which represents a working-class community with solid middle-income opportunities. 29.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 78.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elida offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Elida?
3 schools tracked · 2,081 students
The largest public schools serving Elida, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Elida Elementary
Grades K-5 · 1,015 students
Elida High School
Grades 9-12 · 593 students
Elida Middle School
Grades 6-8 · 473 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Elida, OH?
Want a head-to-head view? Compare Elida side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Elida?
The median home sale price in Elida is $241,500, down 30.6% from last year.
How long do homes stay on market in Elida?
Homes typically spend 36 days on market before going under contract.
What is the median income in Elida?
The median household income is $74,798 per year.
Is Elida a buyer's or seller's market?
With 3.0 months of supply, Elida is currently a balanced market.
What is the Zillow home value estimate for Elida?
The Zillow Home Value Index (ZHVI) for Elida is $254,729, representing the typical home value in the area.
How much does a single-family home cost in Elida?
The median single-family home price in Elida, OH is $241,500 (about $132 per square foot).
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