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 $155,435, higher than the Mississippi average of $145,564.
The average cost of rent is $761/mo in Sherman, primarily driven by the current value of real estate in the Sherman area. While nearly 46.15% of residents own their homes outright in Sherman, 25.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sherman is $5,455 per month. Households that rent pay about 13.95% 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
- Endville, MS: less expensive homes
- Jug Fork, MS: higher priced homes
- Belden, MS: higher priced homes
- Blue Springs, MS: less expensive homes
- Chesterville, MS: equally priced homes
- Flowerdale, MS: higher priced homes
- New Harmony, MS: less expensive homes
- Branyan, MS: less expensive homes
- Furrs, MS: less expensive homes
- Saltillo, MS: equally priced homes
Cities with Similar Populations
- Alfred Mills, ME: higher priced homes
- Zumbro Falls, MN: higher priced homes
- Wray, GA: less expensive homes
- Wooster, MI: higher priced homes
- Wink, TX: equally priced homes
- Wakefield, KY: higher priced homes
- Bray, OK: less expensive homes
- Brashear, TX: equally priced homes
- Bonnots Mill, MO: higher priced homes
- Blain, PA: less expensive homes
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