Sherman, IL

Seller's market-22.0% YoY

Housing market overview · Updated weekly

$305,950median sale price

Homes sold

4

Last 12 weeks

Days on market

102

Average pace

Active listings

4

1.0 months supply

Sale-to-list

99.3%

Below asking

The Sherman housing market is currently classified as a seller's market with a median sale price of $305,950. Prices have fallen 22.0% compared to last year, with homes spending an average of 102 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Sherman

There are currently 4 homes listed for sale in Sherman, Illinois. The median listing price is $285K.

Active listings

4

Homes on market

Median list price

$285K

Avg. days on market

102

Days until sale

New this week

9

Newly listed

Price drops:25.0%of listings
Sale-to-list:99.3%

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Frequently asked questions

What is the average home price in Sherman?

The median home sale price in Sherman is $305,950, down 22.0% from last year.

How long do homes stay on market in Sherman?

Homes typically spend 102 days on market before going under contract.

Is Sherman a buyer's or seller's market?

With 1.0 months of supply, Sherman is currently a seller's market.

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