According to statistics, the population in Elyria, OH amounts to 53,944, which shows decline 0% compared to the previous year. The median age of the city’s residents is 38. The average household income is $42,067, shifting growth 3% from the past year, and the average property value in Elyria, OH growth 1% to $96,200 throughout the year.
|Number Of Employees||24,690|
|Median Property Value||$96,200|
The average household income in Elyria, OH grew from $40,967 to $42,067 in the past year. This data is an estimate based upon 22,676 households in Elyria, OH . The chart below presents how household income is distributed in Elyria, OH in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Elyria, OH shifted from $94,800 to $96,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Elyria, OH in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Elyria, OH properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Elyria, OH compared to median property taxes around the country. The prevalent amount of property taxes in Elyria, OH equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$25,000||-41.9%|
|2 bed for sale||$178,155||+59.9%|
|3 bed for sale||$167,170||+7%|
|4+ bed for sale||$195,881||-6.9%|
During Jul 2022, the average price for an apartment in/near Elyria, OH increased by 6.2% to $175,795.
Asking price for 2-bed apartment also increased by 59.9% and a place of this size will now cost you $178,155. A 3-bed apartment goes for $167,170, it increased by 7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 6.9% and made it down to $195,881.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$180,653||+7.6%|
|Condos for sale||$140,400||+19.7%|
|Land for sale||$199,900||-27.4%|
|Duplexes for sale||$101,940||-2.9%|
|Townhouses for sale||$183,900||+46.4%|
|Apartments for sale||$25,000||-41.9%|
The average cost of an apartment in Elyria, OH decreased by 41.9% to $25,000. Price reports demonstrate that house price increased by 7.6% this month making it up to $180,653. Condos are really in demand in this season. The median price for a condo increased by 19.7%, it’s now available for $140,400. You can now purchase a duplex for just $101,940, duplex price decreased by 2.9% this month. The property value of townhouses increased by 46.4%, you’ll have to spend around $183,900 to get one.