Oberlin

Located in Lorain County, this small college city of roughly 8,000 residents carries a distinct identity shaped by Oberlin College, which influences both the local economy and housing demand. The current market shows 19 active listings with a median home price of $295,000 and a price per square foot of $169, reflecting modest but steady values for the region. Average homes run about 1,932 square feet, offering reasonable space relative to price. The owner-occupancy rate sits at 57%, somewhat lower than many comparable small cities, a pattern common in communities with a significant student and faculty rental population. The median household income of $73,775 suggests a stable economic base among permanent residents. Families with children are served by the Oberlin City School District. The combination of limited inventory at 19 active listings and consistent institutional demand from the college community tends to keep competition steady even in slower broader markets.

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