Sheridan, IL is an ideal place for those looking to invest in the housing market. The median value of houses in Sheridan is $239,500, which is much lower than the national median of $338,100. Additionally, houses in Sheridan have experienced 1 year appreciation of 9.58%, which is higher than the national average of 8.27%. This indicates that prices in Sheridan are likely to continue increasing at a steady rate due to strong demand for housing in the area. Therefore, Sheridan is an excellent location for investing in real estate and taking advantage of potential growth and appreciation opportunities.
The median home cost in Sheridan is $239,500. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Sheridan is up 14.1%.
Average Age of Homes
- The median age of Sheridan real estate is 65 years old
The Rental Market in Sheridan
- Renters make up 31.3% of the Sheridan population
- 0.0% 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.