Sheffield, OH housing market
The median sale price was $363,000 in May 2026.
Home values, sales, trends and how Sheffield compares with the towns next door — updated as new data is published.
Sheffield at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 64% in 5 years
The federal house price index for the ZIP codes around Sheffield rose 64% over the past 5 years, faster than across Ohio (53%). Last year prices rose 7.1%. Carrying the Census median home value forward with that index puts the typical Sheffield home at roughly $543,000 today.
Show as a table
| Year | Change that year | Since 2000 | Ohio since 2000 |
|---|---|---|---|
| 2025 | +7.1% | +98% | +106% |
| 2024 | +14% | +85% | +97% |
| 2023 | +3.6% | +63% | +84% |
| 2022 | +14% | +57% | +70% |
| 2021 | +14% | +38% | +50% |
| 2020 | +6.7% | +21% | +35% |
| 2019 | +6.2% | +14% | +29% |
| 2018 | +4.2% | +6.9% | +23% |
| 2017 | +6.2% | +2.6% | +16% |
| 2016 | +3.3% | −3.4% | +11% |
| 2015 | +0.5% | −6.5% | +6.7% |
| 2014 | +2.4% | −7% | +3.1% |
| 2013 | +3.2% | −9.2% | −0.2% |
| 2012 | −1.1% | −12% | −0.4% |
| 2011 | −7.7% | −11% | +1.3% |
| 2010 | −3.8% | −3.6% | +5.1% |
| 2009 | −2.9% | +0.2% | +8.9% |
| 2008 | −3.9% | +3.2% | +12% |
| 2007 | −3.1% | +7.3% | +15% |
| 2006 | −1.4% | +11% | +17% |
| 2005 | +3.3% | +12% | +16% |
| 2004 | +0.9% | +8.8% | +12% |
| 2003 | +0.9% | +7.8% | +8.5% |
| 2002 | +2.5% | +6.8% | +6.7% |
| 2001 | +4.2% | +4.2% | +4.3% |
| 2000 | — | — | — |
How Sheffield ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 44054, 44035, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
42 new homes permitted in 2025
Builders were permitted 42 new homes in Sheffield in 2025, all single-family houses, worth about $13.8 million to build. That's 9.6 per 1,000 residents, faster than across Ohio (3.3). Over the past 10 years, Sheffield has permitted 567 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Sheffield gained 153 residents while 297 new homes were permitted: about 0.5 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Ohio: 1.3 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 223 | 4 | 219 | $31.5 million |
| 2025 | 42 | 42 | 0 | $13.8 million |
| 2024 | 88 | 78 | 10 | $23.2 million |
| 2023 | 55 | 4 | 51 | $6.9 million |
| 2022 | 69 | 11 | 58 | $10.6 million |
| 2021 | 21 | 21 | 0 | $6.1 million |
| 2020 | 63 | 27 | 36 | $8.8 million |
| 2019 | 74 | 20 | 54 | $8.3 million |
| 2018 | 70 | 2 | 68 | $6.3 million |
| 2017 | 35 | 3 | 32 | $3.8 million |
| 2016 | 50 | 4 | 46 | $5 million |
| 2015 | 32 | 3 | 29 | $3.4 million |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 10 | 2 | 8 | $1 million |
| 2012 | 8 | 0 | 8 | $550,000 |
| 2011 | 16 | 0 | 16 | $1.1 million |
| 2010 | 2 | 2 | 0 | $426,000 |
| 2009 | 2 | 2 | 0 | $375,000 |
| 2008 | 1 | 1 | 0 | $250,000 |
| 2007 | 18 | 14 | 4 | $4.7 million |
| 2006 | 33 | 29 | 4 | $7.9 million |
| 2005 | 58 | 6 | 52 | $5.3 million |
| 2004 | 26 | 18 | 8 | $5.2 million |
| 2003 | 115 | 37 | 78 | $13.8 million |
| 2002 | 140 | 60 | 80 | $17.9 million |
| 2001 | 57 | 47 | 10 | $10.6 million |
| 2000 | 48 | 48 | 0 | $9.1 million |
How Sheffield ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Sheffield and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Sheffield | — | +7.1%† | $1,350 | 42 | $107,837 |
| Lorain | $157K | +3.9% | $1,110 | 47 | $48,685 |
| Sheffield | $293K | +1.2% | $1,130 | 2 | $48,433 |
| Sheffield Lake | $210K | +5.3% | $1,360 | 4 | $69,632 |
| Avon | $477K | +4.8% | $1,780 | 46 | $135,915 |
| Elyria | — | +3.5%† | $1,150 | 143 | $54,945 |
| Avon Lake | $426K | +4.4% | $1,860 | 118 | $115,567 |
† FHFA price index change, where Zillow has no home value for the town.
2.7 years of income
The typical Sheffield home costs about 2.7 years of the town's median household income, less than across Ohio (3.5 years).
How Sheffield ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,350
HUD's Fair Market Rent for a two-bedroom in Sheffield is $1,350 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Sheffield pay a median of $1,806. A two-bedroom takes about 15% of the town's median household income.
Studio $980 · 4 bedrooms $1,850
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (44035, 44054; Cleveland, OH HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.