Sherman, MN is a great place for housing. The median housing value in this area is $123,700 which is much lower than the US median value of $338,100. Additionally, in the past year, the appreciation rate for homes in Sherman was 13.35%, which is higher than the US average rate of 8.27%. This makes Sherman an ideal place to invest in real estate as you can expect your property values to increase faster than they would in other parts of the country.
The median home cost in Sherman is $123,700. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Sherman is up 12.6%.
Average Age of Homes
- The median age of Sherman real estate is 31 years old
The Rental Market in Sherman
- Renters make up 15.5% 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.