Explore Sheffield Lake
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Why Live in Sheffield Lake
Sheffield Lake, Ohio, is a lakeside community known for its Lake Erie beach access and residential charm. Initially a destination for summer homes, the area has evolved into a year-round residential hub with a strong sense of community. Residents enjoy outdoor activities such as swimming, boating, fishing, and jet skiing at the city's five parks, which are set to expand with more bike paths, pedestrian boardwalks, and piers. The public boat ramp is free to use, and Ferndale Park features the Storybook Trail, promoting literacy and exercise for children. Sheffield Lake experiences unpredictable weather, including intense storms and seasonal insect spikes. Housing options include split-level homes, Cape Cods, ranch-style houses, bungalows, and new townhomes in Treadway Ponds. The Buckeye Cove Lake Front Development offers custom home designs. Community events like the annual Community Days festival and craft nights at the library are popular among residents. Highway 6 provides bike lanes and connects Sheffield Lake to Cleveland, which is about 20 miles away. Avon Hospital is 8 miles away, and Cleveland Hopkins International Airport is 21 miles away. The Sheffield-Sheffield Lake School District serves the area, and larger retail and employment opportunities are available in nearby Avon.
Home Prices in Sheffield Lake, OH
The median home sale price in Sheffield Lake, OH is $221,500, up 2% year-over-year. Homes in Sheffield Lake sell in 43 days on average, compared to the national average of 55 days.
Home Price Trends
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Median Sale Price
$221,500
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Median Single Family Sale Price
$222,750
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Median Townhouse Sale Price
$277,500
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Median 2 Bedroom Sale Price
$211,950
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Average Price Per Sq Ft
$163
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Number of Homes for Sale
30
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Last 12 months Home Sales
116
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Months of Supply
3.10
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Median List Price
$235,000
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Median Change From 1st List Price
2%
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Median Home Sale Price YoY Change
2%
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