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Foreclosure Homes in Sherrard, IL

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Sherrard, IL Foreclosures

Current Market Conditions in Sherrard, IL as of August 2026?
Home values: +1.20% MoM; rent: +0.00% MoM.
How much do homes sell for in Sherrard, IL?
The average home price is currently $260,470.
In Sherrard, IL, how many homes are available?
There are currently 5 active home listings available in Sherrard.
What’s the average rental cost in Sherrard, IL?
The average rental price in Sherrard is $1,557.
What is the most expensive home in Sherrard?
The most expensive home sold in Sherrard had a price of $3,398,550.
What is currently the cheapest priced home in Sherrard, IL?
The cheapest home for sale in Sherrard is priced at $18,483.

Living in Sherrard, IL

Sherrard, Illinois is a quiet Mercer County village offering rural small-town living within commuting distance of the Quad Cities. The area appeals to buyers and investors seeking space, schools, and access to regional jobs and amenities.

Buyer vs Seller Market in Sherrard, IL

Median home value: $245,058 as of 2026-08-14.

Median rent: $1,450 as of 2026-08-14.

Home values: +1.20% MoM, +14.16% YoY.

Rent: +0.00% MoM, +2.11% YoY.

Home Value Estimator For Sherrard, IL

There are currently 1,133 real estate properties in Sherrard, IL, with a median automated valuation model (AVM) price of $245,058.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sherrard, IL, 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 Sherrard, IL, is $260,470.00, with the most expensive house in Sherrard, IL, topping out at $3,398,550.00 and the cheapest home in Sherrard, IL, clocking in at $18,483.00. In other words, there’s something for every potential homebuyer or savvy investor in Sherrard, IL!

Rent Prices In Sherrard, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sherrard, IL, is on a rollercoaster ride. The average rent price in Sherrard, IL, is $1,557.00. Indeed, when looking to rent in Sherrard, IL, you can expect to pay as little as $760.00 or as much as $3,060.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Sherrard, IL -- 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.

Sherrard, IL Foreclosures

Market Trend for Sherrard, IL

Total Listings Available: 5

Market Values:

Home Prices from $18,483 to $3,398,550

Average Sales Price: $260,470

Rental Values:

Rental from $760 to $3,060

Average Rent Value: $1,557 / month

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