Comprehensive market data and analysis• Updated Oct 2026
14.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 6 | 9 | 12 |
| 1-2 acres | - | - | 1 | 3 |
| 2-5 acres | 1 | 1 | 2 | 3 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 7 | 12 | 18 |
Acreage buckets
The median price for land in Lorain, Ohio is currently $31K per acre. For a typical parcel, the median sale price is $10K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $4K while premium lots reached $82K.
Lorain, Ohio is currently a strong buyer's market with 14.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Lorain, Ohio currently has 14.6 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, Lorain, Ohio saw 18 properties sold, totaling $643K in sales volume. In just the last 3 months, 7 properties changed hands.
Land in Lorain, Ohio typically sells within 172 days of listing. The median time on market is 98 days. Properties are moving slowly in the current strong buyer's market.
The median land price in Lorain, Ohio stands at $10K. This translates to roughly $31K per acre for the typical parcel size. The average price is $36K, indicating some higher-priced properties pulling up the average.
There are currently 34 active listings in Lorain, Ohio. 6 new listings have hit the market in the last 90 days. The median asking price is $47K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Lorain on LandyDandy.
Browse land in Lorain →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
