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Land and home values in Elyria, OH

Elyria is a city in Lorain County, Ohio, home to about 53,035 people. Residential land runs about $3.56 per sq ft, the typical home is worth about $183,000, and a 2-bedroom rents for about $1,120 a month, as of October 12, 2026.

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Values in Elyria

Land: residential$3.56per sq ft
Land: residential$155,248per acre
Land: quarter-acre lot$38,81210,890 sq ft
Home: typical (median)$183,000value
Home: entry-level$116,000lower quartile
Home: upper-end$183,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$917per month
Rent: 2-bedroom$1,120per month
Rent: 3-bedroom$1,430per month
Rent: 4-bedroom$1,530per month
Gross yield, 2-bed7.3%a year

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Questions people ask

How much is land worth in Elyria, OH?

Residential land in Elyria, OH is about $3.56 per square foot, or $155,248 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $38,812. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Elyria, OH?

The typical (median) home in Elyria, OH is worth about $183,000, with entry-level homes around $116,000 and upper-end homes around $183,000, as of October 2026.

How much is rent in Elyria, OH?

A 2-bedroom rents for about $1,120 a month in Elyria, OH, a 1-bedroom about $917 and a 3-bedroom about $1,430 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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