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Today: September 22, 2025

Current Price

$167,837

1 Month Forecast

$185,881

1-Year Forecast *

$199,054

5-Year Forecast *

$245,447

"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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elyria" area is 245,447 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +46.24% meaning that investing 100000 USD today may yield a profit of 46,241 USD by 2030.

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: 2025-2031

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: $199,054* (upside of 18.6%)

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 $80,317 $78,327 $77,151 $80,317

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 199,054 USD in one year.

Is it profitable to invest in Elyria homes?

Yes. The long-term profit potential is +18.60% 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 245,447 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 326,691 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 increased, 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 increased by 1.366% to 167,837 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 16.789% in 2020
  • 19.349% in 2021
  • 20.089% in 2022
  • 19.789% in 2023
  • 18.539% in 2024
  • 19.609% in 2025

Based on our Elyria real estate market research and report the predicted sales prices will increase by 450.590% in the next 10 years.

Over the last 12 months, the value of homes in Elyria fluctuated: increasing 7 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 2025, 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 185881 171754 200007
September 2025 187365 177810 196921
October 2025 188862 175453 202271
November 2025 190371 173238 207504
December 2025 191892 177884 205900
Elyria Housing Market Forecast with Real Estate Prices for 2026
January 2026 193425 177757 209092
February 2026 194970 181322 208618
March 2026 196527 182574 210481
April 2026 198097 180269 215926
May 2026 199490 187720 211260
June 2026 199815 183230 216400
July 2026 199054 180741 217367
August 2026 198899 185374 212424
September 2026 199642 188662 210623
October 2026 201001 183916 218086
November 2026 202606 189437 215776
December 2026 204225 187887 220563
Elyria Housing Market Forecast with Real Estate Prices for 2027
January 2027 205856 187123 224589
February 2027 207501 193183 221818
March 2027 209158 198700 219616
April 2027 210829 193330 228328
May 2027 212350 191115 233585
June 2027 213264 202387 224140
July 2027 213256 200887 225625
August 2027 212999 192551 233447
September 2027 212713 201014 224413
October 2027 212274 200387 224161
November 2027 211625 198292 224957
December 2027 211535 195881 227188
Elyria Housing Market Forecast with Real Estate Prices for 2028
January 2028 212017 200568 223466
February 2028 212880 196701 229059
March 2028 213665 197212 230117
April 2028 214651 203060 226242
May 2028 215919 204907 226931
June 2028 217345 203870 230820
July 2028 218528 204980 232077
August 2028 219486 205877 233094
September 2028 220314 204892 235736
October 2028 221146 205444 236847
November 2028 221994 206010 237977
December 2028 222985 208268 237702
Elyria Housing Market Forecast with Real Estate Prices for 2029
January 2029 224760 207453 242066
February 2029 226555 209337 243773
March 2029 228365 210324 246406
April 2029 230189 212004 248374
May 2029 231909 217299 246519
June 2029 233392 214487 252297
July 2029 234651 219634 249669
August 2029 235653 215858 255447
September 2029 236589 217426 255753
October 2029 237857 221207 254507
November 2029 239757 223933 255581
December 2029 240727 217136 264319
Elyria Housing Market Forecast with Real Estate Prices for 2030
January 2030 241276 220044 262509
February 2030 241276 222456 260095
March 2030 241076 217933 264219
April 2030 240954 223123 258784
May 2030 241572 228285 254858
June 2030 243502 229866 257138
July 2030 245447 221393 269501
August 2030 247408 224151 270664
September 2030 249384 228186 270582
October 2030 251376 232523 270229
November 2030 253384 230326 276442
December 2030 255409 237785 273032
Elyria Housing Market Forecast with Real Estate Prices for 2031
January 2031 257449 241230 273668
February 2031 259505 236150 282861
March 2031 261330 243298 279362
April 2031 261756 235580 287931
May 2031 260759 235204 286313
June 2031 260556 241014 280098
July 2031 261530 247668 275391
August 2031 263309 242507 284110
September 2031 265412 240729 290096
October 2031 267533 249608 285457
November 2031 269670 250793 288547
December 2031 271824 245729 297919
Elyria Housing Market Forecast with Real Estate Prices for 2032
January 2032 273995 257008 290983
February 2032 276184 251051 301317
March 2032 278176 252862 303490
April 2032 279374 258979 299768
May 2032 279363 255896 302829
June 2032 279027 254472 303581
July 2032 278653 254410 302895
August 2032 278077 250269 305884
September 2032 277226 257543 296909
October 2032 277108 260205 294012
November 2032 277741 261632 293850
December 2032 278871 260465 297276
Elyria Housing Market Forecast with Real Estate Prices for 2033
January 2033 279898 256387 303410
February 2033 281191 257289 305092
March 2033 282852 263335 302369
April 2033 284720 262512 306928
May 2033 286270 264514 308027
June 2033 287524 267972 307076
July 2033 288609 264655 312564

> 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.