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Broad west of Washington in downtown ElyriaPhoto: Nyttend · Public domain
Housing in Elyria

627 homes sold in Elyria in the last year, at a typical $188K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Elyria homes are listed.

Homes sold
627
June 2025 to May 2026
Typical sale price
$188K
houses $191K · condos $176K
Price per square foot
$142
Ohio $164
Paid vs. asking
99.1%
37% sold over asking
For sale now
112
May 2026 · 62 sold that month
What sold · last 12 months

5% of Elyria’s sales are condos, at $15K less than a house

567 houses and 34 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$191K

typical sale · 567 sold in 12 months

Per square foot
$144OH $165
Days to sell
26
Sold over asking
38%
Listings with a price cut
29%
Condos$176K

typical sale · 34 sold in 12 months

Per square foot
$141OH $172
Days to sell
45
Sold over asking
26%
Listings with a price cut
38%
Fewer sales

Multi-family (2–4 units): 22 sold, typical $115K
Townhouses: 4 sold, typical $236K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

627 sales in the last year, against 854 in 2021 and a low of 508 in 2012. The typical sale went from $90K in 2016 to $188K.

Homes soldTypical sale price
0225450675900$50K$100K$150K$200K2012: 508 sold, typical $60K’122013: 562 sold, typical $64K2014: 541 sold, typical $74K’142015: 571 sold, typical $79K2016: 677 sold, typical $90K’162017: 717 sold, typical $86K2018: 704 sold, typical $103K’182019: 748 sold, typical $108K2020: 804 sold, typical $119K’202021: 854 sold, typical $136K2022: 740 sold, typical $144K’222023: 672 sold, typical $159K2024: 683 sold, typical $179K’242025: 651 sold, typical $185KLast 12 months: 627 sold, typical $188KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Elyria

Houseat $144 a sq ft
Condoat $141 a sq ft
The same money in Ohioat $165 a sq ft

Is this asking price fair?

Check a listing against what Elyria homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Elyria are more common than before the pandemic, but 42% fewer homes come up for sale

We read every month of Elyria’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 627 sales.

If you’re buying in Elyria

  • Shop in April. It brings about 78 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
  • You can negotiate. 29% of listings have cut their price, against 24% before the pandemic.
  • Bid near asking. Buyers paid 99.1% of the list price on average; 37% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 85 a month), but June is the most competitive: 40% of June sales close over asking. April offers nearly as much choice with fewer homes bid up (31%). February has the least competition (21%) but only about 51 new listings.

New listings a monthShare sold over asking
021.342.563.88513%27%40%Sweet spotJan: 52 new listings a month, 23% sold over asking, 60 days to sellJFeb: 51 new listings a month, 21% sold over asking, 58 days to sellFMar: 66 new listings a month, 31% sold over asking, 55 days to sellMApr: 78 new listings a month, 31% sold over asking, 47 days to sellAMay: 80 new listings a month, 38% sold over asking, 41 days to sellMJun: 82 new listings a month, 40% sold over asking, 31 days to sellJJul: 85 new listings a month, 37% sold over asking, 31 days to sellJAug: 81 new listings a month, 35% sold over asking, 35 days to sellASep: 75 new listings a month, 36% sold over asking, 35 days to sellSOct: 75 new listings a month, 32% sold over asking, 40 days to sellONov: 56 new listings a month, 32% sold over asking, 37 days to sellNDec: 40 new listings a month, 28% sold over asking, 44 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Ohio

Elyria now2017–192021 peakOH now
Sold over askingShare of sales that closed above the list price37%21%52%29%
Gone within two weeksShare of homes under contract within 14 days51%33%61%47%
Listings with a price cutShare of homes for sale that cut their price29%24%21%27%
Price paid vs. askingAverage sale price ÷ list price99.1%96.7%101.1%98.5%
Days to sellMedian days from listing to contract28532343
Supply

116 homes for sale on a typical day

That’s 1.3 times the 2023 low (91), 42% fewer than in 2017–19 and well under 2012’s 377.

2012: 377 for sale’122013: 372 for sale2014: 330 for sale2015: 327 for sale’152016: 269 for sale2017: 214 for sale2018: 185 for sale’182019: 208 for sale2020: 141 for sale2021: 98 for sale’212022: 96 for sale2023: 91 for sale2024: 96 for sale’242025: 102 for saleLast 12 months: 116 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against 24% in 2017–19 and 27% across Ohio. More sellers are pricing high and coming down.

2015: 21%’152016: 20%2017: 21%2018: 21%’182019: 29%2020: 27%2021: 21%’212022: 28%2023: 33%2024: 29%’242025: 30%Last 12 months: 29%Now
Prices by type

Since 2019, houses are up 72%, condos 52%

A house typically sold for $191K in the last year (567 sales), a condo for $176K (34).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $64K, 512 salesHouses 2014: $76K, 488 salesHouses 2015: $80K, 508 salesHouses 2016: $89K, 608 salesHouses 2017: $85K, 659 salesHouses 2018: $105K, 633 salesHouses 2019: $111K, 684 salesHouses 2020: $123K, 722 salesHouses 2021: $137K, 771 salesHouses 2022: $149K, 658 salesHouses 2023: $162K, 595 salesHouses 2024: $183K, 620 salesHouses 2025: $186K, 586 salesHouses last 12 months: $191K, 567 salesHouses $191KCondos 2013: $81K, 36 salesCondos 2014: $81K, 40 salesCondos 2015: $81K, 47 salesCondos 2016: $98K, 51 salesCondos 2017: $114K, 37 salesCondos 2018: $96K, 35 salesCondos 2019: $115K, 37 salesCondos 2020: $102K, 40 salesCondos 2021: $138K, 42 salesCondos 2022: $123K, 33 salesCondos 2023: $147K, 45 salesCondos 2024: $167K, 32 salesCondos 2025: $187K, 36 salesCondos last 12 months: $176K, 34 salesCondos $176K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Ohio

Elyria ranks 81st of 305 busy Ohio markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Elyria is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Elyria home costs about $1,194 a month

Mortgage
Property tax
Insurance
Rent

Price: Elyria’s typical sale, last 12 months. Property tax at Elyria’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elyria is affordable on local pay is on Cost of living.

Before you buy in Elyria

Six things worth knowing

85

New listings in July

The month with the most choice. December has the fewest, about 40.

Best time to buy
1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $188K home, about $2,570 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Elyria, from test results, graduation and how much students grow.

Schools in Elyria
23 min

Typical commute

The average one-way trip to work for people who live in Elyria.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Lorain sells for less a square foot; North Ridgeville and Avon for far more

The busier markets within 25 miles of Elyria, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lorain701$164K$12336%35
Elyria627$188K$14237%28
North Ridgeville575$354K$18644%22
Avon267$453K$21134%23
Amherst162$283K$17136%40
Sheffield41$353K$17729%32
Grafton41$296K$17037%19

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Elyria, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elyria. People who follow the town see it, and so do people comparing Elyria with their own town. No commission, no listing fee.

Questions about buying a home in Elyria

What do homes sell for in Elyria, OH?

627 homes sold in the year to May 2026 at a typical $188K, $142 a square foot. Houses sold for about $191K, condos for about $176K.

Is Elyria a buyer’s or seller’s market?

A seller’s market: 112 homes were for sale in May 2026 and 62 sold, about 1.8 months of supply. Buyers paid 99.1% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Elyria?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Elyria?

About 1.4% of a home’s value a year. On a $188K home that’s near $2,570.

Where can I see homes for sale in Elyria?

Zillow, Redfin, Realtor.com and Homes.com all carry Elyria’s MLS listings; the search links above open each one filtered to Elyria.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).