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Oberlin, OH

Full City Profile · Ohio · Lorain County County

3.8 /5.0
B+ Good
8,054 Population 1,634/sq mi density
$73,775 Median Income $30,601 per capita
$207,500 Home Value $232,456 Zillow
$982 Median Rent 31.8% income on rent
50°F Avg Temperature 275 sunny days/yr
193 Violent Crime/100K 2,072 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$73,775 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$207,500 home value, $982/mo rent
F
Safety
1.0 / 5.0
193 violent crimes/100K
A+
Education
5.0 / 5.0
54.6% bachelor's degree or higher

Housing Overview

Median Home Value
$207,500
26% below
US avg: $281,900
Median Rent
$982/mo
16% below
US avg: $1,163/mo
Homeownership Rate
57.0%
13% below US avg (65.4%)
Total Housing Units
2,745
Median year built: 1967

Home Value by Source

Census Median
$207,500
Zillow (ZHVI)
$232,456
Median Sale Price
$288,000
Median List Price
$349,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

57.0%
Owner-Occupied
43.0%
Renter-Occupied
57%
43%
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: $982/mo

Market Indicators (Redfin)

Median Days on Market
94 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
15.0%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
20
homes for sale

Affordability & Housing Stock

Rent Burden
31.8%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
57.0%

Complete Housing Data

Home Values

Census Median Value$207,500
Zillow Home Value (ZHVI)$232,456
Median Sale Price$288,000
Median List Price$349,000
Price Per Sq Ft$167

Rent

Census Median Rent$982
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 Market94
Sale-to-List Ratio1.0%
Price Drops15.0%
Homes Sold2
Active Inventory20
Price Per Sq Ft$167

Ownership & Stock

Owner-Occupied57.0%
Renter-Occupied43.0%
Homeownership Rate57.0%
Total Housing Units2,745
Median Year Built1967
Rent Burden31.8%