9 hours on Rocket
$594 Closing Credit¹
#5117752, Jessica Allgood, Listing Office: Keller Williams Citywide
Elyria Housing Market Report March 2025•Lorain County, Ohio
Housing Prices in Elyria, OH
How much do homes in Elyria, OH cost?
Housing Market Conditions
Is Elyria, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Elyria is a Seller's Market
Difference Since March 2024
Since last year, Elyria has remained a Seller's Market.
Insight
Elyria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$188,125$124/SqFt
+$25,125
+15.4%
Based on all homes sold in the last 12 months
Insight
Homes in Elyria have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in Elyria was $188,125 in March 2025, up 15.4% from last year, and the median price per square foot was $124.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Elyria Township | $163K | $188.3K | +15.5% |
| Elyria | $163K | $188.1K | +15.4% |
| Carlisle Township | $250K | $275K | +10.0% |
| Sheffield Township | $139.2K | $151K | +8.4% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $100K | N/A |
| 22 Bedrooms | $123.2K | $139.9K | +13.6% |
| 33 Bedrooms | $160K | $180K | +12.5% |
| 44 Bedrooms | $215K | $230K | +7.0% |
| 55+ Bedrooms | $218.5K | $235K | +7.6% |
Summary: Elyria housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +13.6%. The home price for 3 bedroom homes increased by +12.5%. The home price for 4 bedroom homes increased by +7.0%. The home price for 5 bedroom homes increased by +7.6%.
How does Elyria, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Elyria, OH
Housing supply in Elyria, OH
How many homes are available in Elyria, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 186Last MonthMar 2025 | ||
| 1612 months agoFeb 2025 | +15.5 % Change MoMFeb – Mar |
Summary: The Elyria real estate market had 186 homes for sale in Mar 2025, a 15.5 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 59Last MonthMar 2025 | ||
| 412 months agoFeb 2025 | +43.9 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 27 | 35 | +29.6% |
| 33 Bedrooms | 91 | 100 | +9.9% |
| 44 Bedrooms | 34 | 39 | +14.7% |
| 55+ Bedrooms | 9 | 12 | +33.3% |
Summary: Elyria housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +29.6%. The inventory for 3 bedroom homes increased by +9.9%. The inventory for 4 bedroom homes increased by +14.7%. The inventory for 5 bedroom homes increased by +33.3%.
Asking Price vs. Sold Price
How much do homes in Elyria, OH cost?
Over Asking Price24 Homes
At Asking Price13 Homes
Under Asking Price22 Homes
Insight
If you're buying a home in Elyria, you could pay more than the asking price. 40.7% of homes here sold above asking price last month.
Summary: A total of 59 homes were sold or pending in Elyria in March 2025, up by 43.9% month-over-month. Of the 59 sold homes, 37% were sold under asking, 22% were sold at asking, and and 41% were sold over asking.
Days on Market for Elyria, OH
How long does it take to sell a home in Elyria, OH?
Breakdown of Home Sale Times
Under 30 Days33 Homes
30 – 90 Days15 Homes
Over 90 Days10 Homes
Insight
Many homes in Elyria are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 59 homes were sold in Elyria; 56% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 50 DaysThis YearMar 2025 | ||
| 45 Days1 year agoMar 2024 | +11.0 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Elyria had an average listing age of 50 days in Mar 2025, up by 11.0% compared to the previous year.
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Newest Listings in Elyria, OH
What homes are available in Elyria, OH?
1 day on Rocket
$4,263 Closing Credit¹
#5117128, Robert R Erney, Listing Office: RE Closing Professionals, LLC.
2 days on Rocket
$1,839 Closing Credit¹
#5117151, William Ali III, Listing Office: JMG Ohio
2 days on Rocket
$2,363 Closing Credit¹
#5116988, Donna E James, Listing Office: Russell Real Estate Services
3 days on Rocket
$1,176 Closing Credit¹
#5116848, Antonio Biasiotta, Listing Office: Keller Williams Elevate
4 days on Rocket
$3,443 Closing Credit¹
#5111023, Sylvia Incorvaia, Listing Office: EXP Realty, LLC.
5 days on RocketBackup offers
$2,339 Closing Credit¹
#5116278, Tanas R Wilcox, Listing Office: RE/MAX Crossroads Properties
5 days on Rocket
$1,841 Closing Credit¹
#5115483, Faith A Gegen, Listing Office: CENTURY 21 Asa Cox Homes
Backup offers
$1,543 Closing Credit¹
#5115907, Abigail J Miller, Listing Office: Russell Real Estate Services
$1,875 Closing Credit¹
#5115778, John Lawson, Listing Office: Russell Real Estate Services
$5,201 Closing Credit¹
#5115652, Gregory Erlanger, Listing Office: Keller Williams Citywide
$1,306 Closing Credit¹
#5112840, Robert Thurman, Listing Office: Coldwell Banker Schmidt Realty
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 04/01/2023 - 04/01/2025
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.