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Sheffield Lake, OH 44054 Real Estate & Property Data

Sheffield Lake, OH 44054 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 258 residential properties have been sold over the past 12 months in 44054. With a median sales price of $200,000 in 44054 and a total of 3 foreclosures in Sheffield Lake, OH 44054. Discover market trends and get the granular level real estate data for Sheffield Lake, OH 44054 to keep your pulse on the housing market. Curate compelling home reports for Sheffield Lake, OH 44054 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Sheffield Lake, OH 44054 Real Estate Market Trends

Get property data for any address in Sheffield Lake, OH 44054 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 44054 Real Estate Overview

There were 258 residential properties sold in the past year in Sheffield Lake, OH 44054. The median home value in Sheffield Lake, OH 44054 is $196,722. There are a total of 4,908 residential properties in the 44054.

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 44054 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Sheffield Lake, OH 44054 Foreclosure Activity

There were a total of 3 Sheffield Lake, OH 44054 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

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