Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 4 | 4 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 4 | 5 |
Acreage buckets
The median price for land in Sheffield Lake, Ohio is currently $188K per acre. For a typical parcel, the median sale price is $30K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $446K.
Land in Sheffield Lake, Ohio averages $263K per acre. The median price per acre is $188K, which may be more representative of typical transactions. Most parcels sold are around 6,970 sq ft.
Over the past 12 months, Sheffield Lake, Ohio saw 3 properties sold, totaling $598K in sales volume.
The 12-month rate is 2.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Sheffield Lake, Ohio stands at $30K. This translates to roughly $188K per acre for the typical parcel size. The average price is $199K, indicating some higher-priced properties pulling up the average.
Land in Sheffield Lake, Ohio typically sells within 74 days of listing. The median time on market is 90 days. Properties are moving at a moderate pace in the current strong buyer's market.
The top-performing broker in this market is LoFaso Real Estate Services.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Sheffield Lake on LandyDandy.
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