From January through December of 2017, there were 171 homes sold, with a median sale price of $90,000 - a 4% increase over the $86,500 median sale price for the previous year. There were 101 homes sold in Sheffield Lake in 2016.
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 2017.
The following table compares Sheffield Lake to other Lorain County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Brentwood Lake | 9 | 4 | 125% | $130,000 | $147,450 | -11.8% |
| Wellington | 142 | 98 | 44.9% | $127,500 | $127,000 | 0.4% |
| Oberlin | 133 | 70 | 90% | $123,500 | $104,375 | 18.3% |
| Pheasant Run | 38 | 15 | 153.3% | $94,750 | $53,000 | 78.8% |
| Laporte | 4 | 4 | 0% | $94,500 | $105,950 | -10.8% |
| Sheffield Lake | 171 | 101 | 69.3% | $90,000 | $86,500 | 4% |
| South Amherst | 31 | 20 | 55% | $90,000 | $97,000 | -7.2% |
| Elyria | 1,052 | 580 | 81.4% | $76,000 | $76,000 | 0% |
| Eaton Estates | 28 | 24 | 16.7% | $66,615 | $62,500 | 6.6% |
| Lorain | 1,006 | 610 | 64.9% | $59,000 | $57,000 | 3.5% |
| Penfield Junction | 12 | 9 | 33.3% | $47,500 | $53,000 | -10.4% |
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