The Sherman Heights housing market is somewhat competitive. The median sale price of a home in Sherman Heights was $81K last month, down 46.7% since last year. The median sale price per square foot in Sherman Heights is $92, up 111.5% since last year.
What is the housing market like in Sherman Heights today?
In March 2024, Sherman Heights home prices were down 46.7% compared to last year, selling for a median price of $81K. On average, homes in Sherman Heights sell after 73 days on the market compared to 18 days last year. There were 8 homes sold in March this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$81,250
-46.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Sherman Heights, AL
$81,250
-46.7%
United States
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How hot is the Sherman Heights housing market?
Sherman Heights is somewhat competitive. Homes sell in 52 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 52 days.
Hot homes
can sell for about 1% above list price and go pending in around 34 days.
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 Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Sherman Heights.
Risk Factor
Flood Factor - Major
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Sherman Heights has a major risk of flooding. 326 properties in Sherman Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Sherman Heights. Flood risk is increasing slower than the national average.
92% of properties are at risk of wildfire over the next 30 years
Fire Factor
Sherman Heights has a moderate risk of wildfire. There are 2,455 properties in Sherman Heights that have some risk of being affected by wildfire over the next 30 years. This represents 92% of all properties in Sherman Heights.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Sherman Heights has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Sherman Heights is most at risk from hurricanes. 2,664 properties in Sherman Heights have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 84 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Sherman Heights has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Sherman Heights have a Major Heat Factor®.
Sherman Heights is expected to see a 157% increase in the number of days over 107ºF over the next 30 years. Sherman Heights is expected to experience 6