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From July through September of 2019, there were 21 homes sold, with a median sale price of $224,000 - a 12.6% decrease over the $256,200 median sale price for the same period of the previous year. There were 16 homes sold in Sheffield in the third quarter of 2018.
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 third quarter of 2019.
The following table compares Sheffield to other Lorain County cities with similar median sales prices in the third quarter of 2019:
City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Avon | 126 | 76 | 65.8% | $317,000 | $287,000 | 10.5% |
Columbia Station | 46 | 24 | 91.7% | $285,000 | $230,000 | 23.9% |
Avon Lake | 137 | 84 | 63.1% | $243,000 | $237,500 | 2.3% |
Sheffield | 21 | 16 | 31.3% | $224,000 | $256,199.50 | -12.6% |
LaGrange | 19 | 9 | 111.1% | $210,000 | $169,000 | 24.3% |
North Ridgeville | 195 | 154 | 26.6% | $181,900 | $178,500 | 1.9% |
Vermilion | 35 | 30 | 16.7% | $178,000 | $144,900 | 22.8% |
Amherst | 113 | 56 | 101.8% | $173,000 | $155,000 | 11.6% |
Oberlin | 42 | 28 | 50% | $171,500 | $144,500 | 18.7% |
Grafton | 47 | 33 | 42.4% | $157,500 | $141,540 | 11.3% |
Wellington | 39 | 28 | 39.3% | $144,000 | $143,450 | 0.4% |