Vermilion

Situated along Lake Erie in Lorain County, this small Ohio community of roughly 10,451 residents carries a notably high owner-occupied rate of 80.6%, reflecting stable long-term demand in the local housing market. The current median home price sits at $324,763, with buyers averaging about 2,156 square feet of living space at $166 per square foot. The 176 active listings give buyers a reasonable selection across price points. A median household income of $73,052 supports purchasing activity at these price levels, and the strong ownership rate suggests residents tend to put down roots here rather than cycle through rentals. Families with children are served by Vermilion Local School District. The lakefront setting along Erie influences property values, particularly for homes with water access or views, which can push prices above the broader market median. Overall, the data reflects a relatively tight, owner-oriented market with consistent underlying demand.

Market description generated from current MLS and U.S. Census data.