Sherrard, IL is a small town located in the Midwest. The median housing value in Sherrard is $193,200, which is significantly lower than the US median housing value of $338,100. Though the 1 year house appreciation in Sherrard is 6.99%, which is slightly less than the national average of 8.27%, it still means that homeowners in this area are seeing a steady increase in their property values. Overall, with its low cost of living and increasing property values, Sherrard is a great place to own a home.
The median home cost in Sherrard is $193,200. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Sherrard is up 8.3%.
Average Age of Homes
- The median age of Sherrard real estate is 63 years old
The Rental Market in Sherrard
- Renters make up 18.7% of the Sherrard population
- 3.0% of houses and apartments in Sherrard, 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.