The median sale price of a home sold in October 2020 in Sheffield rose by $66,190 while total sales decreased by 50%, according to BlockShopper.com.
In October 2020, there were two homes sold, with a median sale price of $271,500 - a 32.2% increase over the $205,310 median sale price for the same period of the previous year. There were four homes sold in Sheffield in October 2019.
The median sales tax in Sheffield for the most recent year with available data, 2018, was $3,495, approximately 1.3% of the median home sale price for October 2020.
The following table compares Sheffield to other Lorain County cities with similar median sales prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Columbia Station | 3 | 15 | -80% | $410,000 | $232,500 | 76.3% |
| Avon | 7 | 24 | -70.8% | $367,500 | $283,500 | 29.6% |
| Wellington | 4 | 16 | -75% | $309,500 | $160,000 | 93.4% |
| Sheffield | 2 | 4 | -50% | $271,500 | $205,310 | 32.2% |
| Avon Lake | 13 | 41 | -68.3% | $255,000 | $215,000 | 18.6% |
| Grafton | 2 | 17 | -88.2% | $198,000 | $141,000 | 40.4% |
| Vermilion | 5 | 18 | -72.2% | $192,000 | $142,750 | 34.5% |
| North Ridgeville | 12 | 51 | -76.5% | $157,750 | $180,000 | -12.4% |
| Oberlin | 3 | 10 | -70% | $142,500 | $166,500 | -14.4% |
| Amherst | 4 | 38 | -89.5% | $136,000 | $159,950 | -15% |
| Elyria | 12 | 102 | -88.2% | $114,000 | $99,250 | 14.9% |
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