Vermilion

Situated along the Lake Erie shoreline in Lorain County, this small Ohio city of 10,451 residents carries a median household income of $73,052 and an owner-occupied rate of 80.6%, reflecting a stable, predominantly residential community. Current market activity shows 46 active listings, with a median home price of $267,500 and a price per square foot of $159. The average home size of 1,892 square feet suggests buyers are finding reasonably spacious properties relative to the price point. Families with children are served by the Vermilion Local School District. The high rate of owner occupancy indicates limited rental inventory, which can tighten supply for prospective buyers entering the market. Lorain County's broader economic conditions influence local property values, and Vermilion's lakefront position distinguishes it from many inland communities in the region. Buyers and sellers alike should monitor listing volume closely given the relatively modest pool of 46 active properties.

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