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These days, finding an affordable place to live in the Sherman Station area can be challenging. Home prices in Sherman Station are now at a median cost of $115,678, lower than the Maine average of $330,167.
The average cost of rent is $527/mo in Sherman Station, primarily driven by the current value of real estate in the Sherman Station area. In Sherman Station, 14.99% of households rent, and 57.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sherman Station is $4,230 per month. Households that rent pay about 12.45% of their income on rent here. Sherman Station’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sherman, ME: higher priced homes
- Sherman Mills, ME: equally priced homes
- Benedicta, ME: equally priced homes
- Silver Ridge, ME: equally priced homes
- Patten, ME: equally priced homes
- Island Falls, ME: equally priced homes
- Shin Pond, ME: higher priced homes
- Dyer Brook, ME: higher priced homes
- East Millinocket, ME: less expensive homes
- Macwahoc, ME: equally priced homes
Cities with Similar Populations
- Waneta, KY: less expensive homes
- Clayroot, NC: higher priced homes
- Claysville, KY: higher priced homes
- Clayton, WV: higher priced homes
- Climbing Hill, IA: higher priced homes
- Clover, ID: higher priced homes
- Wahpeton, IA: higher priced homes
- Waino, WI: higher priced homes
- Wakelee, MI: higher priced homes
- Wakenva, VA: less expensive homes
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