The story of this market
The typical home in ZIP 44054 sells for about $411,000, or $209 per square foot.
Prices are up +6.6% from a year ago, so sellers still have some momentum. Homes take about 12 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,094 a month.
ZIP 44054 — Sheffield Lake
The housing market in 44054 is highly competitive, characterized by rising home prices and a significant decrease in the time homes spend on the market. Limited inventory is driving price growth, with the median sale price reaching $411,000 as of April 2026. Market activity remains constrained by low sales volume compared to the previous year.
This area is suitable for family buyers and those seeking a suburban environment with proximity to the Cleveland metro area.
Median prices moved up 6.6% year over year.
Homes spend a median of 12 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 10.8% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 44054
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The mean travel time to work for residents is approximately 26.5 minutes.
The local economy is integrated into the broader Cleveland, OH Metro Area, with residents commuting to regional employment hubs.
Data retrieved from Census Reporter and data.census.gov profiles for ZCTA 44054.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.