Housing in Sheffield Lake, OH
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$247,449
Median List Price
$224,900
Price Per Sq Ft
$147
Days on Market
40
Active Inventory
21
Months of Supply
3.5
Seller's market
Zillow Home Value
$196,019
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
8.3%
Sale-to-List Ratio
101.9%
Seller's market
Market Activity
Source: RedfinHomes Sold
6
New Listings
7
Pending Sales
12
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$147
Median List $/SF
$159
Sheffield Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Sheffield Lake is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$153,400
Median Rent
$1,014
Total Housing Units
4,604
Vacancy Rate
7.2%
Owner Occupied
72.1%
Renter Occupied
27.9%
Median Property Tax
$2,321
per year
Monthly Cost (w/ Mortgage)
$967
Housing Types
The current median sale price in Sheffield Lake, OH is $247,449 according to Redfin data. Homes spend a median of 40 days on the market. 33.3% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $147. The median rent is $1,014 per month (Census ACS). About 72.1% of housing units are owner-occupied. The median year homes were built is 1967. There are 4,604 total housing units.