From October through December of 2021, there were 15 homes sold, with a median sale price of $215,500 - a 12.8% decrease over the $247,000 median sale price for the same period of the previous year. There were 17 homes sold in Sheffield in the fourth quarter of 2020.
The median sales tax in Sheffield for the most recent year with available data, 2018, was $3,495, approximately 1.6% of the median home sale price for the fourth quarter of 2021.
The following table compares Sheffield to other Lorain County cities with similar median sale prices in the fourth quarter of 2021:
| City | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Avon | 89 | 95 | -6.3% | $285,000 | $350,000 | -18.6% |
| LaGrange | 25 | 17 | 47.1% | $275,000 | $240,000 | 14.6% |
| Avon Lake | 110 | 139 | -20.9% | $250,000 | $284,250 | -12% |
| North Ridgeville | 166 | 206 | -19.4% | $233,750 | $209,900 | 11.4% |
| Oberlin | 30 | 35 | -14.3% | $219,500 | $132,000 | 66.3% |
| Sheffield | 15 | 17 | -11.8% | $215,500 | $247,000 | -12.8% |
| Amherst | 88 | 69 | 27.5% | $205,000 | $168,000 | 22% |
| South Amherst | 8 | 10 | -20% | $197,950 | $170,750 | 15.9% |
| Grafton | 34 | 31 | 9.7% | $186,250 | $203,000 | -8.3% |
| Columbia Station | 43 | 30 | 43.3% | $185,000 | $274,450 | -32.6% |
| Laporte | 1 | 0 | - | $155,000 | $0 | - |
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