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Easthaven

SHEFFIELD LAKE, OH 44054

Real Estate Market Report  ·  Lorain County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 44054

Easthaven

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SHEFFIELD LAKE, OH real estate market (44054) currently shows 27 active listings, with 14 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 45 days on market compared to 16 days last year.

The median listing price has fallen 6.5% year-over-year, from $264,900 to $247,700.

Whether you are buying or selling in SHEFFIELD LAKE, OH, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 12,649  ·  Density: 390.1/mi²  ·  Median household income: $72,088

Typical home value: $152,995  ·  Homeownership: 79.1%

Market Overview

Active Listings
27
⇩ 6.9% vs 29 last year
Pending
14
52% pending ratio
Median Price
$247,700
⇩ 6.5% vs $264,900 last year
Average Price
$322,745
⇧ 2.1% vs $316,145 last year
Days on Market
45
⇧ 181.3% vs 16 days last year

Price Per Square Foot

Median $/sqft
$149
⇧ 8.8% vs $137/sqft last year
Median Home Size
1,876 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 29 last year
  • Days on market: 45 now vs 16 last year

Median & Average Pricing

Year over Year
  • Median: $247,700 (-6.5% YoY)
  • Average: $322,745 (+2.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.7 miles — 778 listings ($283,225,053 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
44054Sheffield Lake, OH 440540.0 mi29$8,681,527$246,950$299,363
44052Lorain, OH 440523.6 mi81$17,419,860$156,150$215,060
44012Avon Lake, OH 440124.5 mi52$32,005,844$503,250$615,497
44035Elyria, OH 440357.1 mi156$36,896,184$234,900$236,514
44140Bay Village, OH 441408.5 mi40$34,158,200$734,000$853,955
44070North Olmsted, OH 440709.6 mi65$17,888,910$273,675$275,214
44001Amherst, OH 4400110.9 mi50$16,305,100$313,600$326,102
44126Cleveland, OH 4412612.5 mi41$13,734,057$295,175$334,977
44017Berea, OH 4401713.6 mi32$9,157,440$245,225$286,170
44074Oberlin, OH 4407414.2 mi27$9,491,283$365,000$351,529
44142Brookpark, OH 4414214.6 mi22$5,248,408$234,894$238,564
44089Vermilion, OH 4408915.1 mi92$63,994,924$485,500$695,597
44111Cleveland, OH 4411115.7 mi91$18,243,316$173,698$200,476

Frequently Asked Questions

How many homes are for sale in SHEFFIELD LAKE, OH 44054?

As of March 2026, there are 27 active listings in SHEFFIELD LAKE, OH (zip code 44054), compared to 29 the prior year.

What is the median home price in SHEFFIELD LAKE, OH 44054?

The median listing price in SHEFFIELD LAKE, OH 44054 is $247,700 as of March 2026, a 6.5% decrease from $264,900 the prior year.

How long do homes stay on the market in SHEFFIELD LAKE, OH?

Homes in SHEFFIELD LAKE, OH 44054 spend an average of 45 days on the market before going under contract, compared to 16 days the prior year.

Is it a seller's or buyer's market in SHEFFIELD LAKE, OH 44054?

Based on current inventory and days-on-market data as of March 2026, SHEFFIELD LAKE, OH 44054 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 45 days on market compared to 16 days last year.

How much can I save on real estate commission in SHEFFIELD LAKE, OH?

With SELL123.com's maximum 3% commission, sellers in SHEFFIELD LAKE, OH 44054 save an estimated $4,954 compared to a typical 5% commission on the median listing price of $247,700. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.