44055 — Lorain County, Ohio Market Snapshot
Housing market data for zip code 44055 in Lorain County, Ohio. Updated monthly with median prices, days on market, and more.
Market Sales Data
30 sales in 2026 (year to date)
Median Sale Price
$139,500
Days to Sell
21
Homes Sold
30
Inventory
31
Sale-to-List
99.6%
New Listings
47
Price/SqFt
$112
Pending Sales
53
Conforming Loan Available
Most homebuyers in 44055 can comfortably use conventional financing. The median home price of $139,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 44055 are moving quickly at 21 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 44055 (99.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 44055 can comfortably use conventional financing. The median home price of $139,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 44055 are set at the county level.
2026 Loan Limits — Lorain County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 44055
To purchase the median home at $139,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,219.
Monthly Payment
$1,219
Income Required
$52,234
Principal & Interest
$860/mo
Down Payment (5%)
$6,975
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 44055.
Estimated Monthly Payment
$1,013
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