All Countries
Sherman, IL
Full City Profile · Illinois · Sangamon County County
4.0
/5.0
A
Great
4,211
Population
1,341/sq mi density
$147,025
Median Income
$60,210 per capita
$291,300
Home Value
$323,340 Zillow
$1,565
Median Rent
22.8% income on rent
54°F
Avg Temperature
302 sunny days/yr
84
Violent Crime/100K
568 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$147,025 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$291,300 home value, $1,565/mo rent
F
Safety
1.0 / 5.0
84 violent crimes/100K
A+
Education
4.8 / 5.0
47.7% bachelor's degree or higher
Housing Overview
Median Home Value
$291,300
3% above
US avg: $281,900
Median Rent
$1,565/mo
35% above
US avg: $1,163/mo
Homeownership Rate
89.9%
37% above US avg (65.4%)
Total Housing Units
1,558
Median year built: 2002
Home Value by Source
Census Median
$291,300
Zillow (ZHVI)
$323,340
Median Sale Price
$305,950
Median List Price
$285,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.9%
Owner-Occupied
10.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,565/mo
Market Indicators (Redfin)
Median Days on Market
102 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$169
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
22.8%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
2002
Average age of housing stock: 24 years
Homeownership Rate
89.9%
Complete Housing Data
Home Values
| Census Median Value | $291,300 |
| Zillow Home Value (ZHVI) | $323,340 |
| Median Sale Price | $305,950 |
| Median List Price | $285,000 |
| Price Per Sq Ft | $169 |
Rent
| Census Median Rent | $1,565 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 102 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 4 |
| Active Inventory | 4 |
| Price Per Sq Ft | $169 |
Ownership & Stock
| Owner-Occupied | 89.9% |
| Renter-Occupied | 10.1% |
| Homeownership Rate | 89.9% |
| Total Housing Units | 1,558 |
| Median Year Built | 2002 |
| Rent Burden | 22.8% |