Housing Prices in Sherman Township, MI
How much do homes in Sherman Township, MI cost?
Median List Price
$294,500
$185/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Sherman Township has increased by 61.8% since last year.
Summary: The median home list price in Sherman Township was $294,500 in March 2024, up 61.8% from the previous year, and the median price per square foot was $185.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $73.9K | - | N/A |
| 2 Bedrooms | $182K | $129.9K | -28.6% |
| 3 Bedrooms | $220K | $322.5K | +46.6% |
| 4 Bedrooms | $149.9K | $249K | +66.1% |
| 5+ Bedrooms | - | $484.4K | N/A |
Summary: Sherman Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 46.6%, 4 bedroom homes increased by 66.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Sherman Township | $182K | $294.5K | +61.8% |
| Custer Township | $194.2K | $279.5K | +43.9% |
| Free Soil Township | $225K | $289.9K | +28.8% |
| Fountain | $135K | $166.5K | +23.3% |
| Sheridan Township | $187K | $215K | +15.0% |
Housing Supply in Sherman Township, MI
How many homes are available in Sherman Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Summary: The Sherman Township real estate market had 2 homes for sale in March 2024, a 33.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Sherman Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Days on Market for Sherman Township, MI
How long does it take to sell a home in Sherman Township, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 271 Days | 179 Days | -33.8% |
Summary: Homes in Sherman Township had an average listing age of 179 days in Mar 2024, down by 33.8% compared to the previous year.
