In March 2019, there were 17 homes sold, with a median sale price of $88,000 - a 6% decrease over the $93,650 median sale price for the same period of the previous year. There were 16 homes sold in Sheffield Lake in March 2018.
The median sales tax in Sheffield Lake for the most recent year with available data, 2015, was $2,155, approximately 2.4% of the median home sale price for March 2019.
The following table compares Sheffield Lake to other Lorain County cities with similar median sales prices in March 2019:
| City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Wellington | 13 | 16 | -18.8% | $155,000 | $138,700 | 11.8% |
| Grafton | 7 | 10 | -30% | $150,000 | $134,000 | 11.9% |
| Brentwood Lake | 1 | 1 | 0% | $131,000 | $135,000 | -3% |
| Pheasant Run | 4 | 4 | 0% | $116,000 | $90,750 | 27.8% |
| Elyria | 90 | 94 | -4.3% | $92,200 | $90,450 | 1.9% |
| Eaton Estates | 2 | 1 | 100% | $88,900 | $62,000 | 43.4% |
| Sheffield Lake | 17 | 16 | 6.3% | $88,000 | $93,650 | -6% |
| Columbia Station | 3 | 12 | -75% | $86,100 | $175,900 | -51.1% |
| Penfield Junction | 1 | 5 | -80% | $83,000 | $78,000 | 6.4% |
| Oberlin | 16 | 10 | 60% | $74,850 | $156,250 | -52.1% |
| Lorain | 82 | 102 | -19.6% | $71,082.50 | $52,580 | 35.2% |
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