Sherman, Illinois, is a small village in Sangamon County, just north of Springfield, with a population of around 4,600 as of the 2020 census. Known for its quiet, family-friendly atmosphere, Sherman blends suburban charm with easy access to urban amenities due to its proximity to the state capital. The village features well-maintained parks, a strong sense of community, and a growing number of local businesses, making it an attractive spot for residents seeking a peaceful lifestyle. Its location along Interstate 55 also provides convenient travel to nearby cities, while the historic Route 66 adds a touch of nostalgic appeal to the area.
Sherman currently has no homes for sale. The average annual property tax for Sherman is $4,415.17.
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 Sherman, i.e. what's hot and what's not.
See What's Hot & What's Not in ShermanSherman home sales for the month of July stayed the same in volume when compared to last year, while the median sale price rose by 54.6% from $205,000 to $317,000. House sales stayed the same, while the median sale price stayed the same.
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2023 | 2024 | ||
# of sales per year |
$280,000
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$205,000
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2023 | 2024 | ||
median sale price per year |