Elyria, OH

Population: 54,533
Average annual home appreciation rate: 4.85%
Total of homes for sale in this market:
Median home price: $96,484
Median Rent: $540 per room
Home price range: 49.93% of homes are between $93,001 – $186,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 64.29% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 10.36%
Number of renters: 36.52%
Number of owner occupied: 63.48%
Number people living below poverty level: 16.47%
Unemployment rate: 7.40%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Elyria area, a rental property (based on the rental rates) could be a profitable investment for the savvy buy and hold investor.

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