The housing market in Sheridan, AR has a median value of $172,900 which is significantly lower than the US median value of $338,100. The US 1 year appreciation rate is 8.27%, whereas the house 1 year appreciation rate in Sheridan, AR is 9.77%. This indicates that homes in Sheridan are appreciating at a higher rate than the national average. With an abundance of affordable homes and strong appreciation rates, it's no wonder why this city is increasingly becoming a desirable place to live.
The median home cost in Sheridan is $172,900. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Sheridan is up 18.8%.
Average Age of Homes
- The median age of Sheridan real estate is 30 years old
The Rental Market in Sheridan
- Renters make up 37.2% of the Sheridan population
- 5.7% of houses and apartments in Sheridan, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.