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Sunday, November 17, 2024

Sheffield median home prices rose by 7.4% in November 2021

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The median sale price of a home sold in November 2021 in Sheffield rose by $14,500 while total sales increased by 25%, according to BlockShopper.com.

In November 2021, there were five homes sold, with a median sale price of $210,000 - a 7.4% increase over the $195,500 median sale price for the same period of the previous year. There were four homes sold in Sheffield in November 2020.

The median sales tax in Sheffield for the most recent year with available data, 2018, was $3,495, approximately 1.7% of the median home sale price for November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
LaGrange8714.3%$284,500$215,00032.3%
Avon342725.9%$280,000$325,000-13.8%
North Ridgeville705040%$237,750$204,50016.3%
Grafton10666.7%$220,450$172,50027.8%
Amherst272222.7%$210,000$185,00013.5%
Sheffield5425%$210,000$195,5007.4%
Vermilion913-30.8%$203,000$220,000-7.7%
South Amherst35-40%$195,000$178,0009.6%
Columbia Station131030%$185,000$274,450-32.6%
Sheffield Lake188125%$155,500$121,00028.5%
Wellington147100%$152,500$185,000-17.6%

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