Current Price

$167,837

1 Month Forecast

â–² $185,839

1-Year Forecast *

â–² $195,999

5-Year Forecast *

â–² $236,825

"Is it a good time to buy homes in Elyria?" "Does investing in real estate in Elyria (Ohio State, Lorain County) worth it?" According to our live Forecast System, buying a house in Elyria is a good short-term (1-year) investment*. The Elyria average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elyria" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elyria in Ohio State, Lorain County. If you are looking for homes for sale with good flipping profit, Elyria can be a profitable property investment option. The median price of an average house in Elyria was 167,837 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elyria" area is 236,825 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +41.10% meaning that investing 100000 USD today may yield a profit of 41,104 USD by 2031.

Current Median Listing Price: 167,837 USD Median Listing Price Per Square Foot: 93 USD

Elyria Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elyria (Ohio State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elyria Price Target

Elyria median home price target in 12 months: $195,999* (upside of 16.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $183,022 $184,407 $183,022 $184,407
2024 $155,675 $167,837 $155,675 $167,837
2023 $148,403 $155,080 $148,340 $155,080
2022 $137,609 $148,859 $137,609 $149,553
2021 $124,721 $135,957 $124,721 $135,957
2020 $109,858 $122,251 $109,858 $122,251
2019 $103,563 $108,907 $103,563 $108,907
2018 $94,778 $102,444 $94,778 $102,444
2017 $90,588 $94,299 $90,588 $94,299
2016 $85,613 $89,657 $85,613 $89,657
2015 $80,152 $85,138 $80,152 $85,138
2014 $79,952 $79,814 $78,706 $79,952
2013 $78,852 $80,676 $78,852 $81,429
2012 $77,392 $78,327 $77,151 $78,327

Questions & Answers about the Elyria Housing Market Forecast

How much does an average home cost in Elyria today?

The value of an average home (the listing price) in Elyria is $167,837 USD.

What is the average price per square foot in Elyria?

According to Walletinvestor the median price per square foot in Elyria is 93 USD.

Will the median listing price of homes in Elyria grow / rise / go up?

Yes. The Elyria home prices may rise from 167,837 USD to 195,999 USD in one year.

Is it profitable to invest in Elyria homes?

Yes. The long-term profit potential is +16.78% in one year.

Will Elyria house prices fall / drop?

No. See above.

What is the predicted price of a Elyria home in 2030?

The predicted home sales price of a Elyria home in 2030 in Elyria is 229,321 USD.

What is the predicted price of a Elyria home in 2035?

The predicted home sales price of a Elyria home in 2035 in Elyria is 294,642 USD.

Will real estate prices decrease in Elyria?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elyria is the 909. largest city in the United States, located in Ohio State.

During the last 12 months the real estate prices in Lorain, Elyria decreased, looking at the past 12 months.

According to Walletinvestor's Elyria real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.874% to 167,837 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 17.209% in 2021
  • 17.389% in 2022
  • 15.949% in 2023
  • 17.629% in 2024
  • 15.909% in 2025
  • 16.629% in 2026

Based on our Elyria real estate market research and report the predicted sales prices will increase by 371.683% in the next 10 years.

Over the last 12 months, the value of homes in Elyria fluctuated: increasing 1 times and decreasing 3 times.

Elyria (Ohio) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elyria Housing Market Forecast with Real Estate Prices for 2025
August 2025 185839 169300 202379
September 2025 187282 177169 197396
October 2025 188737 170240 207233
November 2025 190064 180370 199757
December 2025 190373 173049 207697
Elyria Housing Market Forecast with Real Estate Prices for 2026
January 2026 189648 179217 200079
February 2026 189501 174909 204092
March 2026 190209 176323 204094
April 2026 191503 179055 203950
May 2026 192990 175814 210166
June 2026 194488 177568 211409
July 2026 195999 180319 211678
August 2026 197520 181719 213322
September 2026 199054 184921 213187
October 2026 200600 189366 211833
November 2026 202046 185479 218614
December 2026 202916 183842 221990
Elyria Housing Market Forecast with Real Estate Prices for 2027
January 2027 202909 182821 222996
February 2027 202664 182398 222931
March 2027 202393 191261 213524
April 2027 201974 183393 220556
May 2027 201357 190282 212431
June 2027 201271 188390 214152
July 2027 201730 189626 213834
August 2027 202551 187765 217337
September 2027 203297 186627 219968
October 2027 204236 186672 221800
November 2027 205443 193116 217769
December 2027 206799 195219 218380
Elyria Housing Market Forecast with Real Estate Prices for 2028
January 2028 207925 188588 227262
February 2028 208836 195888 221784
March 2028 209624 192016 227233
April 2028 210416 198633 222199
May 2028 211222 191790 230655
June 2028 212165 193070 231260
July 2028 213813 200984 226642
August 2028 215473 193926 237020
September 2028 217146 204769 229524
October 2028 218832 201107 236558
November 2028 220467 203712 237223
December 2028 221877 209230 234524
Elyria Housing Market Forecast with Real Estate Prices for 2029
January 2029 223074 202774 243374
February 2029 224026 209688 238364
March 2029 224917 210522 239311
April 2029 226121 211650 240593
May 2029 227877 207140 248614
June 2029 228800 213470 244129
July 2029 229321 212581 246062
August 2029 229321 213727 244915
September 2029 229131 215154 243108
October 2029 229015 210235 247794
November 2029 229602 215367 243838
December 2029 231385 210329 252441
Elyria Housing Market Forecast with Real Estate Prices for 2030
January 2030 233182 215926 250437
February 2030 234992 213608 256377
March 2030 236645 218423 254866
April 2030 237030 215697 258363
May 2030 236127 223612 248642
June 2030 235944 218012 253876
July 2030 236825 216695 256955
August 2030 238437 221508 255366
September 2030 240288 227793 252783
October 2030 242154 228351 255957
November 2030 244034 222071 265997
December 2030 245929 225271 266587
Elyria Housing Market Forecast with Real Estate Prices for 2031
January 2031 247839 233960 261718
February 2031 249763 233279 266247
March 2031 251564 236973 266155
April 2031 252647 228898 276396
May 2031 252638 230911 274365
June 2031 252333 234670 269997
July 2031 251995 238639 265351
August 2031 251475 230099 272850
September 2031 250705 235663 265748
October 2031 250599 232806 268391
November 2031 251171 235347 266994
December 2031 252192 237817 266567
Elyria Housing Market Forecast with Real Estate Prices for 2032
January 2032 253122 236922 269322
February 2032 254291 237253 271328
March 2032 255793 233027 278558
April 2032 257482 233536 281428
May 2032 258884 243610 274158
June 2032 260018 242597 277439
July 2032 260999 245861 276137

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.