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Lorain Times

Sunday, November 24, 2024

How did home prices perform in Sheffield during December 2021?

Realestate1

The median sale price of a home sold in December 2021 in Sheffield fell by $35,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In December 2021, there were five homes sold, with a median sale price of $240,000 - a 12.7% decrease over the $275,000 median sale price for the same period of the previous year. There were seven homes sold in Sheffield in December 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 December 2021.

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

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
LaGrange11683.3%$295,000$285,0003.5%
North Ridgeville5372-26.4%$240,000$237,5001.1%
Sheffield57-28.6%$240,000$275,000-12.7%
Avon2627-3.7%$238,500$370,000-35.5%
South Amherst4333.3%$217,450$90,000141.6%
Oberlin1012-16.7%$207,250$231,500-10.5%
Amherst291952.6%$185,500$195,000-4.9%
Sheffield Lake211190.9%$185,000$108,10071.1%
Grafton1217-29.4%$170,500$255,000-33.1%
Avon Lake3845-15.6%$169,450$237,500-28.7%
Columbia Station167128.6%$169,400$163,1003.9%

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