New Listing
8
$44,900
235 Cedar Brook Dr
Elyria, OH 44035
3 bd2 ba924 sqft$49/ft²
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Kimberley Guelker · Berkshire Hathaway HomeServices Lucien Realty
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Sarah Mitchell
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Compass Real Estate · Elyria, OH
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Elyria, OH(512) 555-0184TX License #0512847
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Elyria, OH Housing Market & Real Estate
Seller's market+14.5% YoY
Housing market overview · Updated monthly ·
$217,500median sale price
How is the Elyria, OH housing market right now?
The median home sale price in Elyria, OH is $217,500, up 14.5% year-over-year. Homes sell in an average of 30 days with 112 active listings. The market is currently a seller's 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 Elyria a buyer's or seller's market?
Seller's market1.8 months of supply30 avg. days on market
Elyria, OH is currently a seller's market, based on 1.8 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
62
Last 12 weeks
Days on market
30
Average pace
Active listings
112
1.8 months supply
Sale-to-list
99.4%
Below asking
What does the Elyria housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $217,500 |
| Median list price | $182,000 |
| Year-over-year price change | +14.5% |
| Average days on market | 30 days |
| Active inventory | 112 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $150/sq ft |
| Homes sold (latest month) | 62 |
| New listings (latest month) | 73 |
| Listings with a price cut | 28.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elyria by property type?
How the Elyria, 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 | $217,500 | $150/sq ft | 56 | 28 days |
| Condo / Co-op | $236,250 | $154/sq ft | 4 | 90 days |
| Townhouse | $210,000 | $159/sq ft | 1 | 52 days |
Source: Redfin · Updated monthly
The Elyria housing market is currently classified as a seller's market with a median sale price of $217,500. Prices have risen 14.5% compared to last year, with homes spending an average of 30 days on market, indicating 1.8 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 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Elyria
There are currently 112 homes listed for sale in Elyria, Ohio. The median listing price is $182K. Featured listings range from $44,900 to $599,900.
New Listing
12
$165,000
746 Delaware Ave
Elyria, OH 44035
3 bd1 ba1,050 sqft$157/ft²
House8,276 sqft lot
Danielle Hughes · Elite Class Realty LLC
View photos & details
New Listing
30
$169,900
508 Wood St
Elyria, OH 44035
6 bd2 ba2,440 sqft$70/ft²
Multi-family10,890 sqft lot
Traci Taylor · EXP Realty, LLC.
View photos & details
New Listing
39
$215,000
137 Lafayette St
Elyria, OH 44035
4 bd3 ba1,636 sqft$131/ft²
House6,534 sqft lot
Chad Schneider · Russell Real Estate Services
View photos & details
New Listing
46
$279,900
1023 Gulf Rd
Elyria, OH 44035
3 bd2 ba1,504 sqft$186/ft²
House20,473 sqft lot
Jessica Allgood · Keller Williams Citywide
View photos & details
New Listing
40
$279,900
110 Carrington Ct
Elyria, OH 44035
3 bd2 ba1,410 sqft$199/ft²
House1,830 sqft lot
Donald Petrasek · Howard Hanna
View photos & details
New Listing
28
$279,900
6635 Lake Ave
Elyria, OH 44035
3 bd2 ba1,591 sqft$176/ft²
House1.00 acres
Emily Gaal · Coldwell Banker Schmidt Realty
View photos & details
New Listing
45
$290,000
436 Bayberry Dr
Elyria, OH 44035
3 bd2 ba2,320 sqft$125/ft²
House8,712 sqft lot
Janet Beane · Russell Real Estate Services
View photos & details
New Listing
48
$300,000
150 Denison Ave
Elyria, OH 44035
5 bd2 ba2,068 sqft$145/ft²
House7,405 sqft lot
Jeffrey Frish · Russell Real Estate Services
View photos & details
New Listing
30
$330,000
8134 Oberlin Rd
Elyria, OH 44035
3 bd2 ba1,668 sqft$198/ft²
House1.54 acres
Andrew Notturniano · Keller Williams Capital Partners Realty, LLC
View photos & details
New Listing
45
$379,000
157 Kensington Way
Elyria, OH 44035
2 bd2 ba1,852 sqft$205/ft²
House8,538 sqft lot
Brian Salem · EXP Realty, LLC.
View photos & details
New Listing
50
$599,900
44565 Stang Rd
Elyria, OH 44035
4 bd4 ba4,864 sqft$123/ft²
House4.00 acres
Mathew Chase · Keller Williams Greater Metropolitan
View photos & details
Looking to buy in Elyria?
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Active listings
112
Homes on market
Median list price
$182K
Avg. days on market
30
Days until sale
New this week
73
Newly listed
Price drops:28.6%of listings
Sale-to-list:99.4%
Who lives in Elyria?
Population
52,833
Median income
$53,204/yr
Median age
39.6 years
Owner-occupied
60.1%
College grads
16.6%
Avg commute
22.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Elyria?
Zillow home value
$191,593
Zillow rent index
$1,126/mo
Price-to-rent ratio
14.2x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Elyria?
Elyria is a community of approximately 53K residents with a median age of 39.6 years.The median household income is $53,204, which represents a working-class community with solid middle-income opportunities. 16.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.1%, showing a blend of owner and renter-occupied properties. The average commute time is 22.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elyria offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Elyria?
12 schools tracked · 6,323 students
The largest public schools serving Elyria, 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.
Elyria High School
Grades 9-12 · 1,603 students
Eastern Heights Middle School
Grades 5-8 · 554 students
Eastern Heights Elementary School
Grades K-4 · 547 students
Northwood Middle School
Grades 5-8 · 545 students
Westwood Middle School
Grades 5-8 · 498 students
Westwood Elementary School
Grades K-4 · 472 students
Ely Elementary School
Grades K-4 · 465 students
Hamilton Elementary School
Grades PK-4 · 436 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 Elyria, OH?
Want a head-to-head view? Compare Elyria side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Elyria?
Is Elyria a good real estate investment market?
For investors evaluating Elyria, the price-to-rent ratio of 14.2x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 14.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Elyria's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Elyria's median home price.
Frequently asked questions
What is the average home price in Elyria?
The median home sale price in Elyria is $217,500, up 14.5% from last year.
How long do homes stay on market in Elyria?
Homes typically spend 30 days on market before going under contract.
What is the median income in Elyria?
The median household income is $53,204 per year.
Is Elyria a buyer's or seller's market?
With 1.8 months of supply, Elyria is currently a seller's market.
How many homes are for sale in Elyria?
There are currently 112 homes listed for sale in Elyria, OH.
What is the Zillow home value estimate for Elyria?
The Zillow Home Value Index (ZHVI) for Elyria is $191,593, representing the typical home value in the area.
What is the median condo price in Elyria?
The median condo/co-op sale price in Elyria, OH is $236,250, compared to $217,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Elyria?
The median single-family home price in Elyria, OH is $217,500 (about $150 per square foot).
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