Sheffield Lake

Situated along the Lake Erie shoreline in Lorain County, this small city of roughly 8,946 residents carries a notably high owner-occupied rate of 72.1 percent, signaling a stable, settled housing base. The current market shows 17 active listings, with a median home price of $275,000 and a price per square foot of $191. Buyers will find homes averaging 1,792 square feet, offering a reasonable amount of space relative to the price point. The median household income sits at $62,065, which provides context for the affordability dynamics at play in the local market. Families with children are served by the Sheffield-Sheffield Local School District. The combination of lakefront proximity, a tight inventory of only 17 listings, and a strong ownership culture suggests demand tends to remain consistent in this community. Those considering a purchase here should move with preparation given the limited number of available properties at any given time.

Market description generated from current MLS and U.S. Census data.