Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sherman area can be challenging. Home prices in Sherman are now at a median cost of $415,500, higher than the Connecticut average of $357,181.
The average cost of rent is $2,055/mo in Sherman, primarily driven by the current value of real estate in the Sherman area. While nearly 38.35% of residents own their homes outright in Sherman, 11.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sherman is $8,433 per month. Households that rent pay about 24.36% of their income on rent here. Sherman's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Candlewood Point, CT: less expensive homes
- Quaker Hill, NY: less expensive homes
- New Milford, CT: less expensive homes
- Gaylordsville, CT: less expensive homes
- Pawling, NY: less expensive homes
- Webatuck, NY: less expensive homes
- New Fairfield, CT: equally priced homes
- Bridgewater, CT: higher priced homes
- Wingdale, NY: less expensive homes
- Patterson, NY: less expensive homes
Cities with Similar Populations
- Blue Ridge, TX: less expensive homes
- Saegertown, PA: less expensive homes
- Hulbert, OK: less expensive homes
- Gordo, AL: less expensive homes
- Galesville, WI: less expensive homes
- Freeland, MD: equally priced homes
- Frederick, OK: less expensive homes
- Frazier Park, CA: less expensive homes
- Fort Mitchell, AL: less expensive homes
- Flippin, AR: less expensive homes
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