The housing market in 77475 Sheridan, TX shows promising trends with a median house value of $184,400. Compared to the US median house value of $338,100, this is quite lower and more affordable for potential buyers. Additionally, over the past year, the US has seen an 8.27% appreciation rate while Sheridan has seen an 11.67% increase which indicates excellent growth in the local market. It is clear that Sheridan is becoming a popular place to invest in real estate with its cheaper prices and higher appreciation rate than the national average.
The median home cost in Sheridan (zip 77475) is $184,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Sheridan (zip 77475) is up 21.6%.
Average Age of Homes
- The median age of Sheridan (zip 77475) real estate is 33 years old
The Rental Market in Sheridan (zip 77475)
- Renters make up 5.6% of the Sheridan (zip 77475) population
- 0.0% of houses and apartments in Sheridan (zip 77475), 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.