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Housing Market in Elyria as of March 12th, 2008
Elyria is a growing community in Lorain County, where housing is plentiful & very affordable - from historical properties to newly constructed modern homes, even condominiums and cluster homes. Currently, as of March 12th, 2008 - there are 607 homes listed for sale with area real estate companies (not counting for sale by owner properties). Prices start as low as $7,500 for a home, up to $629,000. Foreclosed, bank owned homes are very prevalent in the area as well. There are several advantages in buying a home today, such as attractive interest rates & loan programs of all shapes and sizes, from "no" downpayment plans to "low" downpayment plans, even government assisted loan programs. Buyers have a large surplus of inventory of homes to pick and choose from, including fixer-uppers to those that have been totally renovated - no work necessary. Average commute time (work) is approx 18.7 minutes, making Elyria a convenient suburb to live in, thanks to the major highways such as the Ohio Turnpike, I-90, Route 2, Route 20 to I-480. An easy commute to Hopkins International Airport or to downtown Cleveland. If you are in need of obtaining current/accurate information on your home's value, or thinking of buying in ... more
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