From October through December of 2017, there were 14 homes sold, with a median sale price of $145,500 - a 33.2% decrease over the $217,750 median sale price for the same period of the previous year. There were eight homes sold in Sheffield in the fourth quarter of 2016.
The median sales tax in Sheffield for the most recent year with available data, 2015, was $3,338, approximately 2.3% of the median home sale price for the fourth quarter of 2017.
The following table compares Sheffield to other Lorain County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Grafton | 47 | 32 | 46.9% | $173,000 | $169,000 | 2.4% |
| Brentwood Lake | 2 | 1 | 100% | $167,450 | $129,500 | 29.3% |
| Columbia Station | 26 | 15 | 73.3% | $165,700 | $152,775 | 8.5% |
| LaGrange | 17 | 8 | 112.5% | $158,000 | $230,500 | -31.5% |
| South Amherst | 9 | 6 | 50% | $155,000 | $88,837.50 | 74.5% |
| Sheffield | 14 | 8 | 75% | $145,500 | $217,750 | -33.2% |
| Amherst | 74 | 60 | 23.3% | $142,500 | $147,250 | -3.2% |
| Vermilion | 44 | 15 | 193.3% | $135,700 | $125,000 | 8.6% |
| Wellington | 28 | 21 | 33.3% | $134,000 | $130,000 | 3.1% |
| Oberlin | 31 | 22 | 40.9% | $120,000 | $83,000 | 44.6% |
| Eaton Estates | 3 | 10 | -70% | $103,500 | $66,500 | 55.6% |
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