Home Values

Sherman Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$181,700

  • -4.4% 1-year change
  • 4.1% 1-year forecast

The median home value in Sherman is $181,700. Sherman home values have declined -4.4% over the past year and Zillow predicts they will rise 4.1% within the next year.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Sherman is 1.4%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Sherman homeowners underwater on their mortgage is 8.7%.

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Relative ZHVI
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Sherman Market Overview

Data through Apr 30, 2015
  • $181,700 ZHVI
  • 4.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Sherman Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 8.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 1.4% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Leland Grove $198,900
Rochester $185,700
Dawson $154,200
Name Median ZHVI
Williamsville $154,100
Riverton $120,600
Springfield $118,600

Listings & Sales

  • No data
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Sherman Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,416 Sherman
    $1,067 Springfield Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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