Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sherman Mills area can be challenging. Home prices in Sherman Mills are now at a median cost of $104,642, lower than the Maine average of $243,042.
The average cost of rent is $751/mo in Sherman Mills, primarily driven by the current value of real estate in the Sherman Mills area. While nearly 66.04% of residents own their homes outright in Sherman Mills, 7.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sherman Mills is $4,037 per month. Households that rent pay about 18.61% of their income on rent here. Sherman Mills's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Silver Ridge, ME: less expensive homes
- Sherman Station, ME: less expensive homes
- Sherman, ME: equally priced homes
- Benedicta, ME: less expensive homes
- Island Falls, ME: equally priced homes
- Patten, ME: less expensive homes
- Dyer Brook, ME: equally priced homes
- Shin Pond, ME: higher priced homes
- Macwahoc, ME: less expensive homes
- Haynesville, ME: less expensive homes
Cities with Similar Populations
- Ahloso, OK: higher priced homes
- Yulan, NY: higher priced homes
- Youngville, TN: higher priced homes
- Yorkshire, OH: higher priced homes
- Yellow Creek, PA: higher priced homes
- Wonder, OR: higher priced homes
- Winthrop, AR: higher priced homes
- Winstead Crossroads, NC: higher priced homes
- Winameg, OH: higher priced homes
- Beryl, UT: higher priced homes
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