Is Oberlin, OH 44074 a buyer’s or seller’s market?

The Oberlin housing market right now

In the three months ending August 31, 2026, 27% of homes in Oberlin, OH 44074 sold above their list price, the typical home went under contract in 30 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (27% then), homes sold about as fast and the median sale price fell 10% to $282,278. Overall, Oberlin is about as competitive as it was a year ago.

Within Lorain County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell less often over asking than in 86%. On our competition score, Oberlin ranks #299 of 489 OH ZIP codes with enough sales (score 56 out of 100).

Nearby, buyers who want less competition could look at Kipton 44049 (0% sold over asking) or Lagrange 44050 (23% sold over asking), while Sheffield Lake 44054 (51% sold over asking) and Lorain 44055 (50% sold over asking) are even more competitive.