City

SHEFFIELD LAKE, OH

Cleveland-Elyria, OH

The median home in Sheffield Lake, Ohio is valued at $196,019, up 5.1% year over year. Sheffield Lake is part of the Cleveland-Elyria, OH metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Cleveland-Elyria, OH stress score, crash risk, and 12-month forecast →

Home Value$196,019

+5.1%

AFFORDABILITY

Enter your income for Sheffield Lake.

Income (annual)

Down Payment

$39,204 on $196,019

Affordable — 21.5% of income

Under the 28% guideline.

PITI$1,346

P/I21.5%

Afford$255K

Room+$59K

P&I $991Tax $255Ins $100

6.50% 30yr, 20% down, county tax + OH ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Ohio

Compare Sheffield Lake with other housing markets across Ohio.

Hunting Valley$1601K The Village of Indian Hill$1575K Bentleyville$820K Waite Hill$748K Kirtland Hills$741K Gates Mills$734K Marble Cliff$731K Terrace Park$726K

Full Cleveland-Elyria, OH analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Cleveland-Elyria, OH metro.

View Cleveland-Elyria, OH metro →