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City / Town Overview

Sherman, IL

Aggregate real estate market report across all ZIPs in scope
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The Sherman, IL real estate market currently shows 12 active listings, with 9 pending sales. Homes are averaging 12 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 12 days on market compared to 29 days last year.

The median listing price has risen 26% year-over-year, from $406,200 to $511,750.

Whether you are buying or selling in Sherman, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 5,669  ·  Density: 84.5/mi²  ·  Median household income: $136,827

Typical home value: $279,724  ·  Homeownership: 90.3%

Included Areas

Sherman: 62684

Area Map

Market Overview

Active Listings
12
⇩ 42.9% vs 21 last year
Pending
9
75% pending ratio
Median Price
$511,750
⇧ 26% vs $406,200 last year
Average Price
$589,317
⇧ 30.1% vs $452,932 last year
Days on Market
12
⇩ 58.6% vs 29 days last year

Price Per Square Foot

Median $/sqft
$155
⇧ 2% vs $152/sqft last year
Median Home Size
3,862 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %