Sheridan, MI is a great place to live in with its housing market providing stability and appreciation. The median value of houses in this area is $224,400 which is lower than the national median value at $338,100. However, this does not mean that the housing in Sheridan is less desirable since it actually has seen an appreciation rate of 8.98% over the course of one year, slightly higher than the US average of 8.27%. With such great opportunities for homeownership, there's no doubt that Sheridan is a great place to call home.
The median home cost in Sheridan is $224,400. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Sheridan is up 12.2%.
Average Age of Homes
- The median age of Sheridan real estate is 56 years old
The Rental Market in Sheridan
- Renters make up 17.1% of the Sheridan population
- 2.0% of houses and apartments in Sheridan, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.