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 2026-03-03. 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 2031-03-03. 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 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 16.559% in 2021
  • 18.219% in 2022
  • 17.219% in 2023
  • 17.449% in 2024
  • 17.039% in 2025
  • 15.749% 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 170972 200706
September 2025 187282 171176 203389
October 2025 188737 178167 199306
November 2025 190064 172578 207550
December 2025 190373 177999 202747
Elyria Housing Market Forecast with Real Estate Prices for 2026
January 2026 189648 177321 201975
February 2026 189501 172256 206745
March 2026 190209 179747 200670
April 2026 191503 179247 203759
May 2026 192990 182954 203025
June 2026 194488 178540 210436
July 2026 195999 178555 213442
August 2026 197520 178163 216877
September 2026 199054 184722 213386
October 2026 200600 184752 216447
November 2026 202046 191944 212149
December 2026 202916 188103 217729
Elyria Housing Market Forecast with Real Estate Prices for 2027
January 2027 202909 186270 219547
February 2027 202664 185438 219891
March 2027 202393 182963 221822
April 2027 201974 189250 214699
May 2027 201357 182630 220083
June 2027 201271 181949 220593
July 2027 201730 190030 213431
August 2027 202551 192018 213084
September 2027 203297 191710 214885
October 2027 204236 188714 219758
November 2027 205443 193527 217358
December 2027 206799 195425 218173
Elyria Housing Market Forecast with Real Estate Prices for 2028
January 2028 207925 194618 221233
February 2028 208836 191503 226169
March 2028 209624 188662 230587
April 2028 210416 193372 227459
May 2028 211222 195381 227064
June 2028 212165 200708 223622
July 2028 213813 197563 230063
August 2028 215473 194788 236158
September 2028 217146 199557 234735
October 2028 218832 205484 232181
November 2028 220467 205475 235459
December 2028 221877 210561 233192
Elyria Housing Market Forecast with Real Estate Prices for 2029
January 2029 223074 207459 238689
February 2029 224026 207672 240380
March 2029 224917 209622 240211
April 2029 226121 206449 245794
May 2029 227877 209647 246107
June 2029 228800 214157 243443
July 2029 229321 216021 242622
August 2029 229321 209370 249272
September 2029 229131 214696 243566
October 2029 229015 213442 244588
November 2029 229602 214219 244986
December 2029 231385 215882 246888
Elyria Housing Market Forecast with Real Estate Prices for 2030
January 2030 233182 221056 245307
February 2030 234992 214078 255907
March 2030 236645 214164 259126
April 2030 237030 218068 255992
May 2030 236127 222196 250059
June 2030 235944 214001 257887
July 2030 236825 223800 249851
August 2030 238437 217216 259657
September 2030 240288 218662 261914
October 2030 242154 228351 255957
November 2030 244034 219631 268438
December 2030 245929 223058 268800
Elyria Housing Market Forecast with Real Estate Prices for 2031
January 2031 247839 227268 268409
February 2031 249763 227534 271992
March 2031 251564 228420 274708
April 2031 252647 239762 265532
May 2031 252638 234953 270322
June 2031 252333 237698 266969
July 2031 251995 235616 268375
August 2031 251475 238146 264803
September 2031 250705 237418 263993
October 2031 250599 229298 271900
November 2031 251171 227058 275283
December 2031 252192 237313 267072
Elyria Housing Market Forecast with Real Estate Prices for 2032
January 2032 253122 229835 276409
February 2032 254291 234456 274125
March 2032 255793 238655 272931
April 2032 257482 243836 271129
May 2032 258884 235843 281925
June 2032 260018 245977 274059
July 2032 260999 238292 283706

> 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.