In February 2017, there were two homes sold, with a median sale price of $138,750 - a 29.6% decrease over the $196,950 median sale price for the same period of the previous year. There were four homes sold in Sheffield in February 2016.
The median sales tax in Sheffield for the most recent year with available data, 2015, was $3,338, approximately 2.4% of the median home sale price for February 2017.
The following table compares Sheffield to other Lorain County cities with similar median sales prices in February 2017:
| City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Avon | 9 | 23 | -60.9% | $315,000 | $250,000 | 26% |
| LaGrange | 4 | 2 | 100% | $167,500 | $376,343.50 | -55.5% |
| Oberlin | 7 | 6 | 16.7% | $166,500 | $108,700 | 53.2% |
| North Ridgeville | 32 | 38 | -15.8% | $164,700 | $180,660 | -8.8% |
| Avon Lake | 24 | 16 | 50% | $149,500 | $194,450 | -23.1% |
| Sheffield | 2 | 4 | -50% | $138,750 | $196,950 | -29.6% |
| Wellington | 13 | 13 | 0% | $135,000 | $135,000 | 0% |
| Grafton | 15 | 8 | 87.5% | $132,450 | $142,950 | -7.3% |
| Amherst | 12 | 10 | 20% | $131,500 | $88,685.50 | 48.3% |
| Vermilion | 7 | 12 | -41.7% | $130,000 | $127,000 | 2.4% |
| Pheasant Run | 1 | 0 | - | $90,000 | $0 | - |
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