44044 — Lorain County, Ohio Market Snapshot
Housing market data for zip code 44044 in Lorain County, Ohio. Updated monthly with median prices, days on market, and more.
Market Sales Data
22 sales in 2026 (year to date)
Median Sale Price
$294,950
Days to Sell
12
Homes Sold
22
Inventory
17
Sale-to-List
101.1%
New Listings
39
Price/SqFt
$201
Pending Sales
31
Conforming Loan Available
Most homebuyers in 44044 can comfortably use conventional financing. The median home price of $294,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
44044 is an extremely competitive market with homes selling in just 12 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 44044 (101.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 44044 can comfortably use conventional financing. The median home price of $294,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 44044 are set at the county level.
2026 Loan Limits — Lorain County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 44044
To purchase the median home at $294,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,410.
Monthly Payment
$2,410
Income Required
$103,278
Principal & Interest
$1,817/mo
Down Payment (5%)
$14,748
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 44044.
Estimated Monthly Payment
$1,975
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