Home prices
The median home price in Sheffield is $212,100. In comparison to the surrounding areas this is approximately $41,800 (24%) higher.It is about $5,400 (2%) lower compared to the rest of the nation, and is about $162,900 (331%) higher compared to the city of Detroit.
Rents
Sheffield's median monthly rent is $1,267. In comparison to nearby areas it is roughly $329 (35%) higher.In comparison to the entire country it is approximately $205 (19%) higher, and it is roughly $443 (53%) higher compared to the city of Detroit.
Nearby places
Sheffield Lake
Sheffield Lake is Sheffield's neighbor to the north. The real estate prices there are a lot less expensive. Sheffield Lake's median home value is $111,800, which comes out to $100,300 (89%) lower than Sheffield. The rent there is significantly less expensive. The median monthly rent in Sheffield Lake is $881, which works out to $386 (43%) lower than Sheffield.
Avon
Avon is Sheffield's neighbor to the east. Its housing prices are somewhat more expensive. The median home value in Avon is $296,900, which comes out to $84,800 (28%) higher than Sheffield. Its rents are fairly similar. The median rent in Avon is $1,235 per month, which is $32 (2%) lower than Sheffield.
Avon Lake
Avon Lake is Sheffield's neighbor to the northeast. Real estate prices there are a bit more expensive. The median home in Avon Lake is valued at $256,400, which comes out to $44,300 (17%) higher than Sheffield. Its rents are a bit less expensive. Avon Lake's median monthly rent is $1,136, which comes out to $131 (11%) lower than Sheffield.
Lorain
Lorain is Sheffield's neighbor to the west. Housing prices there are substantially less expensive. Lorain's median home cost is $87,300, which works out to $124,800 (142%) lower than Sheffield. Rents there are significantly less expensive. The median monthly rent in Lorain is $697, which works out to $570 (81%) lower than Sheffield.
Elyria
Elyria is Sheffield's neighbor to the south. The housing prices there are substantially less expensive. Elyria's median home value is $99,100, which works out to $113,000 (114%) lower than Sheffield. Rents there are a lot less expensive. The median rent in Elyria is $741 a month, which works out to $526 (70%) lower than Sheffield.