Sherman, CT is an affluent town with a high housing median value of $608,900. This is much higher than the US House Median Value of $338,100 and shows that Sherman has a strong real estate market. The 1 year appreciation rate in Sherman is even higher at 11.76%, which is well above the national average of 8.27%. This suggests that investing in property in Sherman can be profitable for those looking to increase their net worth over the long term.
The median home cost in Sherman is $608,900. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Sherman is up 13.4%.
Average Age of Homes
- The median age of Sherman real estate is 41 years old
The Rental Market in Sherman
- Renters make up 5.5% of the Sherman population
- 0.0% of houses and apartments in Sherman, 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.