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Median Home Price in Sheffield Lake, OH

The median home value in Sheffield Lake, OH is $211,249 as of 2026-07-31, up 5.14% from a year earlier.

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Median Home Value

$211,249

Year-over-Year

+5.14%

Population

8,969

Sheffield Lake ranks #145 of 212 Ohio cities tracked here by median home value, and sits 14.9% below the state's city median of $248,312. It sits in Lorain County, where the county-wide median is $266,024.

Housing affordability in Sheffield Lake

Median household income in Sheffield Lake is $69,632, so the typical home value is about 3.0× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Sheffield Lake

Sheffield Lake police recorded a violent crime rate of 212 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 446 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Sheffield Lake

What is the average home price in Sheffield Lake, OH?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Sheffield Lake, that value is $211,249. That's up 5.14% from a year earlier. It is about 14.9% below the typical Ohio city tracked here.

Is Sheffield Lake expensive compared to the surrounding area?

Homes in Sheffield Lake are cheaper than Lorain County as a whole, where the median is $266,024 — a difference of about 20.6%.

Is Sheffield Lake affordable?

Median household income here is $69,632, so the typical home value is about 3.0× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Sheffield Lake a safe place to live?

Sheffield Lake police reported 212 violent crimes per 100,000 residents, covering a population of about 8,969. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.