Pricing for the median home in Sheffield Lake increased during April

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The median sale price of a home sold in April in Sheffield Lake rose by $10,000 while total sales decreased by 31.3 percent, according to

In April, there were 11 homes sold, with a median sale price of $130,000 - an 8.3 percent increase over the $120,000 median sale price for the same period of the previous year. There were 16 homes sold in Sheffield Lake in April 2021.

The median sales tax in Sheffield Lake for the most recent year with available data, 2018, was $2,121, approximately 1.6 percent of the median home sale price for April.

The following table compares Sheffield Lake to other Lorain County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
South Amherst13-66.7$180,000$161,01011.8
Eaton Estates330$177,000$129,50036.7
Sheffield Lake1116-31.3$130,000$120,0008.3

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