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Lorain Times

Sunday, November 24, 2024

Sheffield home prices fell in 2021

Realestate1

The median sale price of a home sold in 2021 in Sheffield fell by $12,000 while total sales decreased by 4.1%, according to BlockShopper.com.

From January through December of 2021, there were 47 homes sold, with a median sale price of $230,000 - a 5% decrease over the $242,000 median sale price for the previous year. There were 49 homes sold in Sheffield in 2020.

The median sales tax in Sheffield for the most recent year with available data, 2018, was $3,495, approximately 1.5% of the median home sale price for 2021.

The following table compares Sheffield to other Lorain County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Avon3773624.1%$330,005$324,9001.6%
LaGrange765246.2%$284,750$235,92020.7%
Avon Lake402476-15.5%$269,000$250,0007.6%
Sheffield4749-4.1%$230,000$242,000-5%
North Ridgeville635662-4.1%$229,000$211,0008.5%
Columbia Station13210723.4%$203,271$200,0001.6%
Grafton1391316.1%$200,000$200,0000%
Amherst2832589.7%$187,000$176,085.506.2%
Oberlin1331293.1%$184,000$150,00122.7%
Brentwood Lake710-30%$184,000$156,75017.4%
Laporte58-37.5%$172,200$138,75024.1%

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