In May, there were four homes sold, with a median sale price of $350,000 - a 337.5 percent increase over the $80,000 median sale price for the same period of the previous year. There were three homes sold in Sheffield in May 2021.
The median sales tax in Sheffield for the most recent year with available data, 2018, was $3,495, approximately one percent of the median home sale price for May.
The following table compares Sheffield to other Lorain County cities with similar median sale prices in May:
| City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Avon | 31 | 30 | 3.3 | $400,000 | $387,500 | 3.2 |
| Sheffield | 4 | 3 | 33.3 | $350,000 | $80,000 | 337.5 |
| Avon Lake | 33 | 28 | 17.9 | $330,000 | $264,000 | 25 |
| South Amherst | 2 | 6 | -66.7 | $297,500 | $99,000 | 200.5 |
| Amherst | 27 | 15 | 80 | $295,000 | $170,000 | 73.5 |
| LaGrange | 6 | 7 | -14.3 | $272,500 | $273,500 | -0.4 |
| North Ridgeville | 54 | 40 | 35 | $261,500 | $222,500 | 17.5 |
| Grafton | 7 | 13 | -46.2 | $261,000 | $335,000 | -22.1 |
| Oberlin | 9 | 7 | 28.6 | $242,000 | $190,000 | 27.4 |
| Laporte | 1 | 0 | - | $220,000 | $0 | - |
| Columbia Station | 11 | 10 | 10 | $184,000 | $282,250 | -34.8 |
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