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Sheffield, OH

Full City Profile · Ohio · Lorain County County

3.8 /5.0
B+ Good
4,287 Population 399/sq mi density
$102,384 Median Income $47,637 per capita
$265,100 Home Value $281,982 Zillow
$1,661 Median Rent 30.7% income on rent
53°F Avg Temperature 275 sunny days/yr
385 Violent Crime/100K 4,117 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$102,384 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$265,100 home value, $1,661/mo rent
F
Safety
1.0 / 5.0
385 violent crimes/100K (1% above avg)
A
Education
4.1 / 5.0
39.1% bachelor's degree or higher

Housing Overview

Median Home Value
$265,100
6% below
US avg: $281,900
Median Rent
$1,661/mo
43% above
US avg: $1,163/mo
Homeownership Rate
73.9%
13% above US avg (65.4%)
Total Housing Units
1,813
Median year built: 1995

Home Value by Source

Census Median
$265,100
Zillow (ZHVI)
$281,982
Median Sale Price
$396,500
Median List Price
$549,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.9%
Owner-Occupied
26.1%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $1,661/mo

Market Indicators (Redfin)

Median Days on Market
4 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$193
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
30.7%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
73.9%

Complete Housing Data

Home Values

Census Median Value$265,100
Zillow Home Value (ZHVI)$281,982
Median Sale Price$396,500
Median List Price$549,500
Price Per Sq Ft$193

Rent

Census Median Rent$1,661
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market4
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory3
Price Per Sq Ft$193

Ownership & Stock

Owner-Occupied73.9%
Renter-Occupied26.1%
Homeownership Rate73.9%
Total Housing Units1,813
Median Year Built1995
Rent Burden30.7%