In November 2018, there were 17 homes sold, with a median sale price of $110,500 - a 7.6% decrease over the $119,550 median sale price for the same period of the previous year. There were six homes sold in Sheffield Lake in November 2017.
The median sales tax in Sheffield Lake for the most recent year with available data, 2015, was $2,155, approximately 2% of the median home sale price for November 2018.
The following table compares Sheffield Lake to other Lorain County cities with similar median sales prices in November 2018:
| City | Nov. 2018 Home Sales | Nov. 2017 Home Sales | % change (Total Home Sales) | Nov. 2018 Median Sales Price | Nov. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Columbia Station | 1 | 9 | -88.9% | $170,000 | $161,900 | 5% |
| Grafton | 11 | 20 | -45% | $166,000 | $211,250 | -21.4% |
| Wellington | 9 | 8 | 12.5% | $147,900 | $140,950 | 4.9% |
| Pheasant Run | 1 | 3 | -66.7% | $138,000 | $141,000 | -2.1% |
| Brentwood Lake | 1 | 1 | 0% | $133,000 | $189,900 | -30% |
| Sheffield Lake | 17 | 6 | 183.3% | $110,500 | $119,550 | -7.6% |
| Vermilion | 12 | 14 | -14.3% | $100,950 | $149,450 | -32.5% |
| South Amherst | 4 | 2 | 100% | $83,000 | $135,000 | -38.5% |
| Elyria | 85 | 89 | -4.5% | $82,350 | $79,000 | 4.2% |
| Lorain | 81 | 91 | -11% | $66,000 | $45,000 | 46.7% |
| Eaton Estates | 2 | 1 | 100% | $52,700 | $49,000 | 7.6% |
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