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Sunday, November 17, 2024

How did home prices perform in Sheffield during December 2020?

Realestate2

The median sale price of a home sold in December 2020 in Sheffield rose by $78,000 while total sales decreased by 60%, according to BlockShopper.com.

In December 2020, there were two homes sold, with a median sale price of $178,000 - a 78% increase over the $100,000 median sale price for the same period of the previous year. There were five homes sold in Sheffield in December 2019.

The median sales tax in Sheffield for the most recent year with available data, 2018, was $3,495, approximately 2% of the median home sale price for December 2020.

The following table compares Sheffield to other Lorain County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Avon926-65.4%$370,000$264,75039.8%
Avon Lake721-66.7%$345,000$210,00064.3%
Grafton56-16.7%$293,000$188,50055.4%
LaGrange330%$260,000$180,00044.4%
Pheasant Run13-66.7%$200,000$110,00081.8%
Sheffield25-60%$178,000$100,00078%
Columbia Station112-91.7%$160,000$229,500-30.3%
North Ridgeville1337-64.9%$156,500$190,000-17.6%
Vermilion48-50%$154,500$221,000-30.1%
Amherst421-81%$150,000$163,000-8%
Eaton Estates15-80%$148,000$85,50073.1%

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