Median price for residential in as of Jun, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
10 Sherman, IL, USA apartments for sale
Sherman
According to statistics, the population in Sherman, IL amounts to 4,492, which shows growth 2% compared to the previous year. The median age of the city’s residents is 46. The average household income is $102,153, shifting growth 8% from the past year, and the average property value in Sherman, IL growth 3% to $223,500 throughout the year.
| Population | 4,492 |
| Median Age | 45.5 |
| Poverty Rate | 2% |
| Household Income | $102,153 |
| Number Of Employees | 2,278 |
| Median Property Value | $223,500 |
Household Income
The average household income in Sherman, IL grew from $94,695 to $102,153 in the past year. This data is an estimate based upon 1,747 households in Sherman, IL . The chart below presents how household income is distributed in Sherman, IL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Sherman, IL shifted from $217,200 to $223,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Sherman, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Sherman, IL properties falls in the '$250,000 to $299,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Sherman, IL compared to median property taxes around the country. The prevalent amount of property taxes in Sherman, IL equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Sherman, IL, USA
Average sale in Sherman: $183,280 (-22.7%)
| Apartment Size | Jun | vs Last Month |
|---|---|---|
| 1 bed for sale | $55,000 | N/A |
| 2 bed for sale | $195,000 | N/A |
| 3 bed for sale | $187,633 | -34.1% |
| 4+ bed for sale | $181,414 | -33.2% |
During Jun 2022, the average price for an apartment in/near Sherman, IL decreased by 22.7% to $183,280.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $55,000 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $195,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $187,633. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $181,414 for a big-family home.
| Listing Type | Jun | vs Last Month |
|---|---|---|
| Houses for sale | $209,100 | -31.6% |
| Land for sale | $80,000 | -9.7% |
According to statistics, average house is still $209,100 with no significant changes this month.