Sheridan, Illinois, is a small village in LaSalle County with a population of around 2,610 as of 2023, nestled in the heart of North Central Illinois along the Fox River. Known for its rural charm and scenic beauty, the village offers a peaceful, tight-knit community atmosphere, with most residents owning their homes. Sheridan is part of the Ottawa Micropolitan Statistical Area and serves as a launch point for canoeing on the Fox River, with the Lower Fox River Dells nearby. Its history dates back to 1826 when Jesse Walker established a mission, and the village was officially named after General Philip Sheridan in 1869, incorporating in 1872.
Sheridan currently has 8 single family homes for sale with an average list price of $597,612.50 and 32 lots for sale with an average list price of $273,182.81. The average annual property tax for Sheridan is $4,564.95.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Sheridan, i.e. what's hot and what's not.
See What's Hot & What's Not in SheridanSheridan home sales for the month of June decreased in volume by 50% when compared to last year, while the median sale price decreased by 30.3% from $222,500 to $155,000. House sales decreased by 50%, while the median sale price decreased by 30.3% from $222,500 to $155,000.
38
|
39
|
26
|
28
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$227,250
|
$300,000
|
$269,950
|
$300,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |