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Avon Lake, OH

Full City Profile · Ohio · Lorain County County

4.0 /5.0
A Great
25,456 Population 2,287/sq mi density
$110,174 Median Income $60,146 per capita
$337,200 Home Value $415,704 Zillow
$1,500 Median Rent 24.7% income on rent
53°F Avg Temperature 275 sunny days/yr
37 Violent Crime/100K 1,197 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$110,174 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$337,200 home value, $1,500/mo rent
F
Safety
1.0 / 5.0
37 violent crimes/100K
A+
Education
5.0 / 5.0
54.3% bachelor's degree or higher

Housing Overview

Median Home Value
$337,200
20% above
US avg: $281,900
Median Rent
$1,500/mo
29% above
US avg: $1,163/mo
Homeownership Rate
82.2%
26% above US avg (65.4%)
Total Housing Units
10,833
Median year built: 1988

Home Value by Source

Census Median
$337,200
Zillow (ZHVI)
$415,704
Median Sale Price
$343,000
Median List Price
$407,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.2%
Owner-Occupied
17.8%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $1,500/mo · Zillow rent: $2,000/mo

Market Indicators (Redfin)

Median Days on Market
85 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
30.0%
of listings with price reduction
Price Per Sq Ft
$200
Active Inventory
40
homes for sale

Affordability & Housing Stock

Rent Burden
24.7%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
82.2%

Complete Housing Data

Home Values

Census Median Value$337,200
Zillow Home Value (ZHVI)$415,704
Median Sale Price$343,000
Median List Price$407,950
Price Per Sq Ft$200

Rent

Census Median Rent$1,500
Zillow Rent (ZORI)$2,000
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market85
Sale-to-List Ratio1.0%
Price Drops30.0%
Homes Sold16
Active Inventory40
Price Per Sq Ft$200

Ownership & Stock

Owner-Occupied82.2%
Renter-Occupied17.8%
Homeownership Rate82.2%
Total Housing Units10,833
Median Year Built1988
Rent Burden24.7%