From July through September of 2018, there were 16 homes sold, with a median sale price of $256,200 - a 17.3% increase over the $218,450 median sale price for the same period of the previous year. There were 16 homes sold in Sheffield in the third quarter of 2017, as well.
The median sales tax in Sheffield for the most recent year with available data, 2015, was $3,338, approximately 1.3% of the median home sale price for the third quarter of 2018.
The following table compares Sheffield to other Lorain County cities with similar median sales prices in the third quarter of 2018:
City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Avon | 76 | 120 | -36.7% | $287,000 | $260,000 | 10.4% |
Sheffield | 16 | 16 | 0% | $256,199.50 | $218,450 | 17.3% |
Avon Lake | 84 | 136 | -38.2% | $237,500 | $200,000 | 18.8% |
Columbia Station | 24 | 24 | 0% | $230,000 | $222,500 | 3.4% |
North Ridgeville | 154 | 225 | -31.6% | $178,500 | $168,000 | 6.3% |
LaGrange | 9 | 16 | -43.8% | $169,000 | $173,000 | -2.3% |
South Amherst | 5 | 8 | -37.5% | $160,000 | $107,450 | 48.9% |
Amherst | 56 | 98 | -42.9% | $155,000 | $155,000.50 | -0% |
Vermilion | 30 | 42 | -28.6% | $144,900 | $160,450 | -9.7% |
Oberlin | 28 | 46 | -39.1% | $144,500 | $138,000 | 4.7% |
Wellington | 28 | 35 | -20% | $143,450 | $150,000 | -4.4% |