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Sunday, November 17, 2024

How did home prices perform in Sheffield during July 2021?

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The median sale price of a home sold in July 2021 in Sheffield rose by $129,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In July 2021, there were five homes sold, with a median sale price of $288,000 - a 81.1% increase over the $159,000 median sale price for the same period of the previous year. There were five homes sold in Sheffield in July 2020, as well.

The median sales tax in Sheffield for the most recent year with available data, 2018, was $3,495, approximately 1.2% of the median home sale price for July 2021.

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

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Avon503735.1%$399,000$328,90021.3%
Avon Lake443912.8%$331,000$290,00014.1%
Sheffield550%$288,000$159,00081.1%
LaGrange36-50%$288,000$237,45021.3%
Laporte110%$258,000$161,00060.2%
North Ridgeville6875-9.3%$230,000$228,4000.7%
Grafton1319-31.6%$225,000$162,78738.2%
Oberlin715-53.3%$210,000$169,00024.3%
Columbia Station10825%$189,350$322,549.50-41.3%
Amherst352166.7%$188,000$182,0003.3%
Wellington15887.5%$185,000$147,50025.4%

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