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These days, finding an affordable place to live in the Sheridan area can be challenging. Home prices in Sheridan are now at a median cost of $187,397, lower than the Pennsylvania average of $288,156.
The average cost of rent is $785/mo in Sheridan, primarily driven by the current value of real estate in the Sheridan area. In Sheridan, 22.77% of households rent, and 35.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sheridan is $6,744 per month. Households that rent pay about 11.65% of their income on rent here. Sheridan’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Suedburg, PA: higher priced homes
- Outwood, PA: higher priced homes
- Orwin, PA: less expensive homes
- Muir, PA: equally priced homes
- Tower City, PA: less expensive homes
- Green Point, PA: higher priced homes
- Keffer, PA: less expensive homes
- Fredericksburg, PA: higher priced homes
- Good Spring, PA: equally priced homes
- Jonestown, PA: higher priced homes
Cities with Similar Populations
- Waterboro, NY: less expensive homes
- Claiborne, MD: higher priced homes
- Clines Corners, NM: less expensive homes
- Colfax, PA: less expensive homes
- Wading River, NJ: higher priced homes
- Walesboro, IN: less expensive homes
- Walters, LA: equally priced homes
- Warminster, VA: higher priced homes
- Warren, UT: higher priced homes
- Wartburg, IL: higher priced homes
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