Lorain County, OH
Market description generated from current MLS and U.S. Census data.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates
Source: FBI Crime Data Explorer (OH0470800)
Home prices in Ohio have risen 98% over the past 9 years, compared to 87% nationally.
Source: Federal Reserve Economic Data (FRED), FHFA All-Transactions House Price Index, Ohio vs national
The median home price in Sheffield Lake is $264,950, with active listings ranging from $140,000 to $649,000.
There are currently 16 active listings in Sheffield Lake, Ohio.
The average price per square foot in Sheffield Lake is $206, based on currently active listings.
Sheffield Lake has a population of 8,946 residents with a median age of 44.3.
Homes in Sheffield Lake average 1,476 square feet with 3.2 bedrooms and 2.1 bathrooms.
Sheffield Lake has a 72.1% owner-occupied rate and a 7.2% vacancy rate. The median rent is $1,014.
The average commute time for Sheffield Lake residents is 24.7 minutes.
| Address | Sold Price | Beds | Baths | Sq Ft | Sold Date |
|---|---|---|---|---|---|
| 812 West Dr, Sheffield Lake, OH 44054 | $235,000 | 3 | 2 | 1,200 | Oct 16, 2026 |
| 853 Alameda Ave, Sheffield Lake, OH 44054 | $270,000 | 3 | 2 | 1,804 | Oct 13, 2026 |
| 912 East Dr, Sheffield Lake, OH 44054 | $210,000 | 3 | 1 | 950 | Oct 10, 2026 |
| 4885 Oster Rd, Sheffield Lake, OH 44054 | $219,900 | 5 | 2 | 1,708 | Oct 8, 2026 |
| 649 Sheffield Rd, Sheffield Lake, OH 44054 | $162,500 | 2 | 1 | 988 | Oct 7, 2026 |
| 926 Warwick Dr, Sheffield Lake, OH 44054 | $195,500 | 2 | 2 | 1,154 | Oct 6, 2026 |
| 825 Lakewood Beach Dr, Sheffield Lake, OH 44054 | $230,000 | 4 | 2 | 1,765 | Sep 28, 2026 |
| 280 Buckeye Dr, Sheffield Lake, OH 44054 | $940,000 | 3 | 3 | 3,922 | Sep 23, 2026 |
| 284 Thelma Dr, Sheffield Lake, OH 44054 | $205,000 | 3 | 1 | 912 | Sep 21, 2026 |
| 4845 Redwood Dr, Sheffield Lake, OH 44054 | $235,000 | 4 | 2 | 2,016 | Sep 18, 2026 |
Recently sold listings from the last 90 days, provided through the MLS IDX database. See full disclaimer below.
Steven Pannell
Licensed Ohio real estate agent · Key Realty
8+ years of experience
Licensed since 2017, with years of hands-on real estate investing experience before that. I became an agent to enhance my own investment knowledge, but discovered my true calling: guiding clients through one of life's biggest decisions. As a Certified Negotiation Expert (CNE), I bring both investor insight and proven negotiation skills to every transaction. Whether you're buying your first home or selling an investment property, you'll have an experienced advocate in your corner who understands the market from every angle.