Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 1 |
Acreage buckets
The median price for land in Sheffield Lake, Ohio is currently $34K per acre. For a typical parcel, the median sale price is $15K. Recently, the cheapest land sold for $15K while premium lots reached $15K.
Land in Sheffield Lake, Ohio averages $34K per acre. The median price per acre is $34K, which may be more representative of typical transactions. Most parcels sold are around 19,079 sq ft.
Over the past 12 months, Sheffield Lake, Ohio saw 1 properties sold, totaling $15K in sales volume.
The 12-month rate is 1.7%. 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 $15K. This translates to roughly $34K per acre for the typical parcel size.
Land in Sheffield Lake, Ohio typically sells within 185 days of listing. The median time on market is 185 days. Properties are moving slowly in the current strong buyer's market.
The top-performing broker in this market is Russell 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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.