Home Insurance in Elyria, Ohio
With a median home value of $156,100, Elyria is 30% lower than the Lorain County median.
The typical home in Elyria was built around 1967. About 39% of homes were built before 1960, about 6 points above Lorain County's 33%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Elyria is 69% single-family homes, 19% apartments in buildings with 5+ units and 5% mobile or manufactured homes.
61% of owner-occupied homes in Elyria carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Elyria has an owner-occupancy rate of 60% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Most homes in Elyria - 78% - are primarily heated with natural gas.
Lorain County's top FEMA-rated hazard is strong wind (Relatively High), per FEMA's National Risk Index. Lorain County had 755 active NFIP flood policies as of September 2026. See the full Lorain County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Ohio carries a statewide average premium of $1,116 per year.
Key figures
| Median home value | $156,100 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 60% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Lorain County | 755 |
| Home insurance premium | $1,116 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)