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Sheffield Lake, OH Real Estate & Property Data

Sheffield Lake Real Estate Market Trends

Last Updated: May 02, 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 254 residential properties have sold over the past year. With a median home price of $219,000 in Sheffield Lake and a total of 1 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

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Total Residential Properties 4,883

Total Commercial Properties 437

Avg. Home Age (Single Family Home) 53 Years

Avg. Square Feet (Single Family Home) 1,634

Total 2024 Residential Sales (year-to-date) 55

% of Homes Seriously Underwater (Q2 2024) 0.74%

Total 2023 Residential Sales 227

% of Equity Rich Homes (Q2 2024) 38.36%

Effective 2023 Property Tax 1.33%

Total Foreclosure Filings (year-to-date) 5

Sheffield Lake, OH Real Estate Overview

There were 254 residential properties sold in the past year in Sheffield Lake, OH. The median home value in Sheffield Lake, OH is $196,755. There are a total of 4,883 residential properties in the Sheffield Lake.

Median Sales Price i

$219,000

(Mar 2024)

-3.1%

year-over-year

y-o-y

March '24 Mar '24 $219,000
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 $280,000
September '23 Sep '23 $165,000
August '23 Aug '23 $220,000
July '23 Jul '23 $180,000
June '23 Jun '23 $227,500
May '23 May '23 $214,000
April '23 Apr '23 $174,500

Median Down Payment i

$15,000

(Mar 2024)

-48.2%

year-over-year

y-o-y

March '24 Mar '24 $15,000
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 $42,390
September '23 Sep '23 $17,725
August '23 Aug '23 $42,000
July '23 Jul '23 $17,012
June '23 Jun '23 $14,975
May '23 May '23 $13,350
April '23 Apr '23 $15,405

Number of Homes Sold i

20

(Mar 2024)

-20%

year-over-year

y-o-y

March '24 Mar '24 20
February '24 Feb '24 18
January '24 Jan '24 17
December '23 Dec '23 18
November '23 Nov '23 19
October '23 Oct '23 13
September '23 Sep '23 18
August '23 Aug '23 25
July '23 Jul '23 14
June '23 Jun '23 24
May '23 May '23 26
April '23 Apr '23 17

Number of Purchase Loans i

13

(Mar 2024)

-13.3%

year-over-year

y-o-y

March '24 Mar '24 13
February '24 Feb '24 21
January '24 Jan '24 9
December '23 Dec '23 16
November '23 Nov '23 13
October '23 Oct '23 4
September '23 Sep '23 11
August '23 Aug '23 18
July '23 Jul '23 8
June '23 Jun '23 19
May '23 May '23 21
April '23 Apr '23 15

Number of REFI Loans i

9

(Mar 2024)

-43.8%

year-over-year

y-o-y

March '24 Mar '24 9
February '24 Feb '24 7
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 9
June '23 Jun '23 12
May '23 May '23 9
April '23 Apr '23 4

Number of HELOC Loans i

5

(Mar 2024)

-37.5%

year-over-year

y-o-y

March '24 Mar '24 5
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

Sheffield Lake, OH Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

44054
$196,755 $120.44/sqft

Sheffield Lake, OH Foreclosure Activity

There were a total of 1 Sheffield Lake, OH properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

1

(Mar 2024)

-66.7%

year-over-year

y-o-y

March '24 Mar '24 1
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

Foreclosure Starts i

1

(Mar 2024)

-50%

year-over-year

y-o-y

March '24 Mar '24 1
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

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
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

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