Sherman, SD Foreclosures
How much do homes sell for in Sherman, SD?
The average home price is currently $414,717.
In Sherman, SD, how many homes are available?
There are currently 1 active home listings available in Sherman.
What’s the average rental cost in Sherman, SD?
The average rental price in Sherman is $1,515.
What is the most expensive home in Sherman?
The most expensive home sold in Sherman had a price of $1,524,866.
What is currently the cheapest priced home in Sherman, SD?
The cheapest home for sale in Sherman is priced at $10,788.
Living in Sherman, SD
Sherman, SD, is a serene small town that embodies the spirit of rural living. With close ties within the community and access to beautiful outdoor spaces, Sherman is ideal for individuals and families who appreciate nature and tranquility. The area's educational facilities and local amenities enhance the quality of life in this charming setting.
Current Market Conditions in Sherman, SD
The real estate market in Sherman, SD, is currently experiencing a slight uptick in demand, with home prices showing gradual appreciation. The attractive lifestyle and affordability of Sherman are drawing interest from buyers seeking a peaceful retreat away from bustling urban centers.
While inventory remains relatively low, this scarcity is prompting buyers to act quickly on available listings, leading to competitive offers. Many homes in Sherman are priced affordably, making it an attractive option for first-time homeowners or those looking to downsize.
Home Value Estimator For Sherman, SD
There are currently 163 real estate properties
in Sherman, SD,
with a median automated valuation model (AVM) price
of $394,522.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sherman, SD, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Sherman, SD,
is $414,717.00, with the most expensive house
in Sherman, SD, topping out
at $1,524,866.00 and the cheapest home
in Sherman, SD,
clocking in at $10,788.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sherman, SD!
Rent Prices
In Sherman, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sherman, SD, is on
a rollercoaster ride. The
average rent price in Sherman, SD,
is $1,515.00. Indeed, when looking to rent in
Sherman, SD, you can expect to pay as little
as $860.00 or as much
as $2,140.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Sherman, SD
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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