Elyria, Ohio

Population: 53,972
Average annual home appreciation rate: 4.97%
Total of homes for sale in this market: 475
Median home price: $105,287
Median Rent: $768
Home price range: 45.28% between $105,001 – $210,000
Median sales price: $100,000
Number of homes: 409
Median foreclosure sales price: $40,500
Foreclosure discount: 59.5%
Most common home type: 63.26% single family detached
Number of vacant homes: 9.18%
Number of renters: 40.80%
Number of owner occupied: 59.20%
Number people living below poverty level: 18.85%
Unemployment rate: 5.70%
Is this area perfect for real estate deals going on right now?

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