Market Summary

Sheffield Lake, Lorain County, OH

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Median Home Price Price

$190,197 $190.2K

Median Monthly Rent Rent

$1,340 $1.3K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lorain County

Region Price Rent GRM Display
$307,891 $1,357 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within OH outside of Lorain County

Region Price Rent GRM Display
$330,311 $1,356 20.0x
$199,169 $1,377 12.0x
$153,030 $1,155 11.0x
$267,886 $1,317 17.0x
$146,372 $1,315 9.0x
$284,983 $1,290 18.0x
$138,275 $1,136 10.0x
$296,655 $1,306 19.0x
$431,801 $1,286 28.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of OH

Region Price Rent GRM Display
$287,852 $1,373 17.0x
$310,568 $2,295 11.0x
$199,183 $1,153 14.0x
$292,418 $1,352 18.0x
$198,931 $1,191 14.0x
$245,518 $1,919 11.0x
$228,673 $1,351 14.0x
$193,979 $1,304 12.0x
$199,619 $1,043 16.0x
$309,639 $1,431 18.0x
$413,419 $2,566 13.0x
$276,306 $1,367 17.0x
$315,099 $2,104 12.0x
$201,997 $1,178 14.0x
$308,000 $1,402 18.0x
$296,706 $1,778 14.0x
$251,694 $1,274 16.0x
$272,648 $1,745 13.0x
$94,665 $1,027 8.0x
$288,593 $1,424 17.0x
$222,586 $1,279 14.0x
$237,609 $1,201 16.0x
$329,786 $2,288 12.0x
$309,986 $2,307 11.0x
$308,879 $2,025 13.0x
$421,145 $1,368 26.0x
$123,222 $918 11.0x
$274,150 $1,882 12.0x
$299,907 $1,512 17.0x
$178,369 $1,195 12.0x
$223,602 $1,373 14.0x
$227,790 $1,033 18.0x
$283,741 $1,583 15.0x

Home prices

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Monthly rent

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GRM

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Sheffield Lake

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Trend Insights

Median Rent in Sheffield Lake, OH is $1,340, with MoM change +$14 and YoY change +$102 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Sheffield Lake, OH.

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Metric
Base market Sheffield Lake, OH
Compare market Select a market
Delta vs base
Median rent
$1,340
N/A
Median price
$190,197
N/A
YoY change
+$102
N/A
Price-to-rent
11.8x
Data unavailable
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