Home Insurance in Sheffield, Ohio
With a median home value of $292,700, Sheffield is 31% higher than the Lorain County median.
The typical home in Sheffield was built around 1996. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 13% of homes were built before 1960, about 20 points below Lorain County's 33%.
In Sheffield, the housing stock is 82% single-family homes and 9% apartments in buildings with 5+ units.
69% of owner-occupied homes in Sheffield carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 71% of occupied homes in Sheffield are owner-occupied. The vacancy rate is 2%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
75% of homes in Sheffield are primarily heated with natural gas.
Lorain County's top FEMA-rated hazard is strong wind (Relatively High), per FEMA's National Risk Index. Lorain County had 755 active NFIP flood policies as of September 2026. See the full Lorain County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Ohio, the statewide average premium for a standard HO-3 homeowners policy is $1,116 per year (NAIC, 2023 data).
Key figures
| Median home value | $292,700 |
|---|---|
| Median year built | 1996 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Lorain County | 755 |
| Home insurance premium | $1,116 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)