Zip 38869 (Sherman, MS) Housing

The housing market in Sherman, MS (zip code 38869) is booming! The median value of a house in this area is $193,800, which is significantly lower than the US median value of $338,100. However, the one year appreciation rate for housing in this area is 13.41%, which is higher than the national average of 8.27%. This indicates that housing prices in this area are going up quickly and could be a great investment opportunity for potential buyers.

The median home cost in Sherman (zip 38869) is $193,800. Home appreciation the last 10 years has been 61.9%. Home Appreciation in Sherman (zip 38869) is up 17.4%.

Average Age of Homes

- The median age of Sherman (zip 38869) real estate is 48 years old

The Rental Market in Sherman (zip 38869)

- Renters make up 54.2% of the Sherman (zip 38869) population
- 4.1% of houses and apartments in Sherman (zip 38869), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sherman, Mississippi	United States
	146.0	139,647,020.0
	52	42
	$193,800	$338,100
	17.4%	16.6%
	46.2%	57.0%
	61.9%	101.1%
	$6.65	$10.98
	$1,300	$2,690
	49.3%	57.4%
	11.6%	11.2%
	39.0%	31.4%
Vacant Housing
	4.1%	1.9%
	3.4%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	5.6%	2.6%
	0.0%	2.4%
	11.1%	2.8%
	13.9%	3.9%
	2.8%	4.5%
	12.5%	11.3%
	8.3%	13.0%
	40.3%	20.1%
	5.6%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	21.9%	13.6%
	8.9%	13.2%
	7.5%	14.8%
	21.9%	13.6%
	5.5%	10.0%
	0.0%	4.7%
	24.7%	12.2%

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