Real Estate Data > US real estate data > Ohio > Lorain County > Sheffield Lake

Sheffield Lake, OH Real Estate & Property Data

Sheffield Lake Real Estate Market Trends

Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Sheffield Lake, OH. ATTOM’s Sheffield Lake real estate data is updated daily, and current market trends show that in Sheffield Lake, OH a total of 258 residential properties have sold over the past year. With a median home price of $200,000 in Sheffield Lake and a total of 3 foreclosures. Get detailed property data for Sheffield Lake, OH instantly. ATTOM is your one-stop-shop for the Sheffield Lake property reports and real estate data you need in Sheffield Lake, OH.

Sheffield Lake Real Estate Market Trends

Get property data for any address in Sheffield Lake, OH or the country:

Total Residential Properties 4,908

Total Commercial Properties 418

Avg. Home Age (Single Family Home) 53 Years

Avg. Square Feet (Single Family Home) 1,631

Total 2024 Residential Sales (year-to-date) 38

% of Homes Seriously Underwater (Q2 2024) 0.74%

Total 2023 Residential Sales 232

% of Equity Rich Homes (Q2 2024) 38.26%

Effective 2023 Property Tax 1.31%

Total Foreclosure Filings (year-to-date) 4

Sheffield Lake, OH Real Estate Overview

There were 258 residential properties sold in the past year in Sheffield Lake, OH. The median home value in Sheffield Lake, OH is $196,722. There are a total of 4,908 residential properties in the Sheffield Lake.

Median Sales Price i

$200,000

(Feb 2024)

+27.3%

year-over-year

y-o-y

February '24 Feb '24 $200,000
January '24 Jan '24 $226,900
December '23 Dec '23 $194,500
November '23 Nov '23 $160,000
October '23 Oct '23 $265,000
September '23 Sep '23 $165,000
August '23 Aug '23 $220,000
July '23 Jul '23 $180,000
June '23 Jun '23 $205,000
May '23 May '23 $214,000
April '23 Apr '23 $165,000
March '23 Mar '23 $226,000

Median Down Payment i

$4,166

(Feb 2024)

+35.3%

year-over-year

y-o-y

February '24 Feb '24 $4,166
January '24 Jan '24 $35,000
December '23 Dec '23 $15,415
November '23 Nov '23 $30,534
October '23 Oct '23 $49,500
September '23 Sep '23 $17,725
August '23 Aug '23 $42,000
July '23 Jul '23 $17,012
June '23 Jun '23 $8,100
May '23 May '23 $13,350
April '23 Apr '23 $12,327
March '23 Mar '23 $28,932

Number of Homes Sold i

18

(Feb 2024)

+5.9%

year-over-year

y-o-y

February '24 Feb '24 18
January '24 Jan '24 20
December '23 Dec '23 19
November '23 Nov '23 19
October '23 Oct '23 14
September '23 Sep '23 18
August '23 Aug '23 25
July '23 Jul '23 15
June '23 Jun '23 25
May '23 May '23 28
April '23 Apr '23 16
March '23 Mar '23 24

Number of Purchase Loans i

21

(Feb 2024)

+110%

year-over-year

y-o-y

February '24 Feb '24 21
January '24 Jan '24 12
December '23 Dec '23 25
November '23 Nov '23 13
October '23 Oct '23 6
September '23 Sep '23 14
August '23 Aug '23 21
July '23 Jul '23 9
June '23 Jun '23 23
May '23 May '23 25
April '23 Apr '23 14
March '23 Mar '23 15

Number of REFI Loans i

8

(Feb 2024)

-20%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 8
December '23 Dec '23 8
November '23 Nov '23 12
October '23 Oct '23 12
September '23 Sep '23 7
August '23 Aug '23 13
July '23 Jul '23 8
June '23 Jun '23 12
May '23 May '23 8
April '23 Apr '23 4
March '23 Mar '23 16

Number of HELOC Loans i

6

(Feb 2024)

-14.3%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 11
December '23 Dec '23 4
November '23 Nov '23 12
October '23 Oct '23 5
September '23 Sep '23 10
August '23 Aug '23 6
July '23 Jul '23 6
June '23 Jun '23 3
May '23 May '23 8
April '23 Apr '23 2
March '23 Mar '23 8

Sheffield Lake, OH Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

44054
$196,722 $120.62/sqft

Sheffield Lake, OH Foreclosure Activity

There were a total of 3 Sheffield Lake, OH properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 1
December '23 Dec '23 2
November '23 Nov '23 2
October '23 Oct '23 4
September '23 Sep '23 N/A
August '23 Aug '23 3
July '23 Jul '23 4
June '23 Jun '23 2
May '23 May '23 1
April '23 Apr '23 2
March '23 Mar '23 3

Foreclosure Starts i

2

(Feb 2024)

-60%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 2
July '23 Jul '23 2
June '23 Jun '23 2
May '23 May '23 1
April '23 Apr '23 1
March '23 Mar '23 2

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Cities

Interested in growing your business with Sheffield Lake, OH property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.