Homes for Sale Under 200K in Lorain, OH

331 Homes for Sale

Sort by:Newest Listings
Photo 44 of Single family home for sale at 399 Olive St, Elyria, OH 44035 | MLS# 5239741 | Listing updated on 2026-08-26Photo 1 of Single family home for sale at 399 Olive St, Elyria, OH 44035 | MLS# 5239741 | Listing updated on 2026-08-26Photo 2 of Single family home for sale at 399 Olive St, Elyria, OH 44035 | MLS# 5239741 | Listing updated on 2026-08-26

$200,000

count-img 3

3Bds

2Ba

--sqft

Single family home for sale

399 Olive St, Elyria, OH 44035

Berkshire Hathaway Homeservices Lucien Realty. Listing provided by Mls Now

Price CutPrice Drop: $10K
Open HouseOpen House
Photo 48 of Single family home for sale at 991 Reeve Rd, Elyria, OH 44035 | MLS# 5237765 | Listing updated on 2026-09-02Photo 1 of Single family home for sale at 991 Reeve Rd, Elyria, OH 44035 | MLS# 5237765 | Listing updated on 2026-09-02Photo 2 of Single family home for sale at 991 Reeve Rd, Elyria, OH 44035 | MLS# 5237765 | Listing updated on 2026-09-02

$189,999

3Bds

1Ba

1,515sqft

Single family home for sale

991 Reeve Rd, Elyria, OH 44035

Keller Williams Greater Metropolitan. Listing provided by Mls Now

Don't miss out on new listings — and get instant email alerts!

Do Real Estate on the Go!

Find your dream home, receive real-time updates, and many more!

OPEN APP

Lorain, OH Housing Market Overview

Lorain's housing market is evenly balanced between buyers and sellers. This creates fair negotiating conditions for both parties. With a 2.2-month supply of homes and properties spending 55 days on the market on average, both buyers and sellers have equal opportunity to achieve favorable outcomes.

Status

Balanced Market

Days on Market

55

Inventory

331

Aug 2021Mar 2024Mar 2026

Median Home Price

$165,000Up 0.23%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
331 Down 0.21%
Newly Listed Homes
67 Down 0.14%
Months of Supply
2.2 Down 1.00%

Housing Demand

Homes Sold
53 Down 0.00%
Sale-to-List Ratio
98.4% Down 0.07%
Homes Sold Above List
37.7% Down 1.39%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Lorain Market Report
  • mls-img
    Based on information from the Board/Association of REALTORS® (alternatively, from the Service) through Sep 5, 2026, 10:45 AM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than Houzeo are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed.
    Houzeo participates in MLS Now IDX program, allowing us to display other IDXP’s’ listings on our website. However, Houzeo does not display the entire MLS Now IDX database on this website. The listings of some real estate brokerage firms have been excluded. The photos may be altered, edited, enhanced or virtually staged. © 2025 Multiple Listing Service, Inc. All Rights Reserved

Homes for Sale by State

Homes For Sale Near MeAlaska Homes For SaleAlabama Homes For SaleArkansas Homes For SaleArizona Homes For SaleCalifornia Homes For SaleColorado Homes For SaleConnecticut Homes For SaleDistrict of Columbia Homes For SaleDelaware Homes For SaleFlorida Homes For SaleGeorgia Homes For SaleIowa Homes For SaleIdaho Homes For Sale
Illinois Homes For SaleKansas Homes For SaleIndiana Homes For SaleKentucky Homes For SaleLouisiana Homes For SaleMassachusetts Homes For SaleMaryland Homes For SaleMichigan Homes For SaleMinnesota Homes For SaleMissouri Homes For SaleMississippi Homes For SaleMontana Homes For SaleNorth Carolina Homes For SaleNorth Dakota Homes For SaleNew Hampshire Homes For Sale
New Jersey Homes For SaleNew Mexico Homes For SaleNevada Homes For SaleNew York Homes For SaleOhio Homes For SaleOklahoma Homes For SalePennsylvania Homes For SaleRhode Island Homes For SaleSouth Carolina Homes For SaleTennessee Homes For SaleTexas Homes For SaleVirginia Homes For SaleVermont Homes For SaleWashington Homes For SaleWisconsin Homes For Sale
PricingFlat Fee MLSFAQSeller GuideHow Houzeo Works?ReviewsAbout UsBlogContact UsTerms of UsePrivacy PolicyFair Housing PolicyCookie PreferencesConsent to Contact ConsumerRefund and Cancellation PolicyMLS DisclaimersEditorial Guidelines

Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)

TREC: Info About Brokerage Services, Consumer Protection Notice.

§ 442‑H New York Standard Operating Procedure.

New York State Fair Housing Notice.

Click to see all homes
static map image
Satellite
Lorain, OH Housing Marketlink qauare
Homes Available icon

331

Homes Available

Median List Price icon

$ 165,000

Median List Price

Avg on Market icon

55 Days

Avg on Market

Close IconHouzeo

Do Real Estate on the Go!

OPEN APP
For Sale
Price
Beds & Baths
Home Type
Filters
Save Search Share