Housing Prices in Sherman Township, MI
How much do homes in Sherman Township, MI cost?
Median List Price
$200,000
$143/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 5.3% since last year.
Summary: The median home list price in Sherman Township was $200,000 in March 2024, up 5.3% from the previous year, and the median price per square foot was $143.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129.9K | $89.5K | -31.1% |
| 2 Bedrooms | $170K | $159.9K | -5.9% |
| 3 Bedrooms | $149K | $213.5K | +43.3% |
| 4 Bedrooms | $424.9K | $200K | -52.9% |
| 5+ Bedrooms | $452K | $319.5K | -29.3% |
Summary: Sherman Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.1%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 43.3%, 4 bedroom homes decreased by 52.9%, and 5+ bedroom homes decreased by 29.3%.
Median List Price Compared To Nearby Cities
| Everett Township | $189.4K | $250K | +32.0% |
| Garfield Township | $275K | $322.5K | +17.3% |
| Sherman Township | $190K | $200K | +5.3% |
| Lincoln Township | $242.5K | $169.9K | -29.9% |
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 | 5 | +66.7% |
Summary: The Sherman Township real estate market had 5 homes for sale in March 2024, a 66.7% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
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 |
|---|---|---|
| 100 Days | 44 Days | -55.4% |
Summary: Homes in Sherman Township had an average listing age of 44 days in Mar 2024, down by 55.4% compared to the previous year.
