Sherman, IL Housing Market

The Sherman housing market is most competitive. The median sale price of a home in Sherman was $371K last month, down 3.9% since last year. The median sale price per square foot in Sherman is $110, down 8.3% since last year.

Trends
Demand
Migration
Schools
Climate

Sherman Housing Market Trends

What is the housing market like in Sherman today?

In October 2024, Sherman home prices were down 3.9% compared to last year, selling for a median price of $371K. There were 5 homes sold in October this year, up from 3 last year.

$371K

Sale Price

-3.9%
since last year

$110

Sale $/Sq. Ft.

-8.3%
since last year

Over List Price

0.6%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Sherman and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Sherman add value to a home.

How hot is the Sherman housing market?

Sherman is most competitive. Homes sell in 8 days.

100

Most Competitive

Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 8 days.
Hot homes
can sell for about 2% above list price and go pending in around 3 days.

Compare With Nearby Cities

Springfield

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 11 days.
Hot homes
can sell for about 1% above list price and go pending in around 3 days.

Chatham

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 8 days.
Hot homes
can sell for about 2% above list price and go pending in around 3 days.

See more nearby cities and neighborhoods

Sherman Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Sherman that sold recently

Recently sold homes

SOLD NOV 25, 2024
$230,000
—beds
—baths
—sq ft
505 Hartford Dr, Sherman, IL 62684
List Price
—
Sale to List
—
Days on Market
—
505 Hartford Dr, Sherman, IL 62684
SOLD OCT 29, 2024
$50,000
—beds
—baths
—sq ft
3300 Sudduth Rd, Sherman, IL 62684
List Price
—
Sale to List
—
Days on Market
—
3300 Sudduth Rd, Sherman, IL 62684
SOLD OCT 25, 2024
$371,000 Last Sold Price
3 beds
3 baths
3,252 sq ft
205 Willow Bay Ct, Sherman, IL 62684
List Price
$369,900
Sale to List
0% over list
Days on Market
38 days
205 Willow Bay Ct, Sherman, IL 62684
SOLD OCT 23, 2024
$230,000
—beds
—baths
—sq ft
11 Birch Lake Dr, Sherman, IL 62684
List Price
—
Sale to List
—
Days on Market
—
11 Birch Lake Dr, Sherman, IL 62684
SOLD OCT 18, 2024
$450,000 Last Sold Price
3 beds
2.5 baths
3,458 sq ft
1145 Red Bud Run, Sherman, IL 62684
List Price
$440,000
Sale to List
2% over list
Days on Market
53 days
1145 Red Bud Run, Sherman, IL 62684
SOLD OCT 18, 2024
$145,000 Last Sold Price
—beds
—baths
—sq ft
00 Meredith Dr, Sherman, IL 62684
List Price
$250,000
Sale to List
42% under list
Days on Market
142 days
00 Meredith Dr, Sherman, IL 62684
SOLD OCT 17, 2024
$125,000
—beds
—baths
—sq ft
3315 Sudduth Rd, Sherman, IL 62684
List Price
—
Sale to List
—
Days on Market
—
3315 Sudduth Rd, Sherman, IL 62684
SOLD OCT 11, 2024
$460,000 Last Sold Price
4 beds
3.5 baths
4,322 sq ft
1070 Fountain Park Dr, Sherman, IL 62684
List Price
$460,000
Sale to List
0% over list
Days on Market
33 days
1070 Fountain Park Dr, Sherman, IL 62684
See all recently sold homes in Sherman.
See listings

Schools in Sherman

Learn about schools in the Sherman area

Elementary
Middle
High

GreatSchools Rating

9/10

Sherman Elementary School

Public • PreK-4

561

Students

2 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Sherman housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Sherman.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

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