7 days on Rocket
$5,402 Closing Credit¹
#CA1036017, Jim Fulgenzi, Listing Office: RE/MAX Professionals
Sherman Housing Market Report April 2025•Sangamon County, Illinois
Housing Prices in Sherman, IL
How much do homes in Sherman, IL cost?
Housing Market Conditions
Is Sherman, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Sherman is a Seller's Market
Difference Since April 2024
Since last year, Sherman has remained a Seller's Market.
Insight
Sherman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$299,900$123/SqFt
+$20,000
+7.1%
Based on all homes sold in the last 12 months
Insight
Homes in Sherman have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Sherman was $299,900 in April 2025, up 7.1% from last year, and the median price per square foot was $123.
Median Sold Price By Cities
| City | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| Williams Township | $229K | $277.5K | +21.2% |
| Capital Township | $157.9K | $175.9K | +11.4% |
| Fancy Creek Township | $250K | $276K | +10.4% |
| Springfield Township | $155.7K | $170.2K | +9.3% |
| Sherman | $279.9K | $299.9K | +7.1% |
Median Sold Price By Bedrooms
| Beds | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $270K | N/A |
| 22 Bedrooms | $157.4K | $205K | +30.2% |
| 33 Bedrooms | $250K | $258K | +3.2% |
| 44 Bedrooms | $329.9K | $350K | +6.1% |
| 55+ Bedrooms | $467K | $379.9K | -18.7% |
Summary: Sherman housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +30.2%. The home price for 3 bedroom homes increased by +3.2%. The home price for 4 bedroom homes increased by +6.1%. The home price for 5 bedroom homes decreased by -18.7%.
How does Sherman, IL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Sherman, IL
Housing supply in Sherman, IL
How many homes are available in Sherman, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthApr 2025 | ||
| 252 months agoMar 2025 | +8.0 % Change MoMMar – Apr |
Summary: The Sherman real estate market had 27 homes for sale in Apr 2025, a 8.0 % increase compared to Mar 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthApr 2025 | ||
| 72 months agoMar 2025 | -14.3 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 10 | 12 | +20.0% |
| 44 Bedrooms | 9 | 10 | +11.1% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Sherman housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes increased by +11.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Sherman, IL cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Sherman, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Sherman in April 2025, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and and 17% were sold over asking.
Days on Market for Sherman, IL
How long does it take to sell a home in Sherman, IL?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Sherman are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 6 homes were sold in Sherman; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 10 DaysThis YearApr 2025 | ||
| 57 Days1 year agoApr 2024 | -81.1 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Sherman had an average listing age of 10 days in Apr 2025, down by 81.1% compared to the previous year.
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Newest Listings in Sherman, IL
What homes are available in Sherman, IL?
#CA1035885, Cheri Shadis, Listing Office: The Real Estate Group, Inc.
$7,184 Closing Credit¹
#CA1035840, Eric Easley, Listing Office: The Real Estate Group, Inc.
$10,000 Closing Credit¹
#CA1035297, Ben Call, Listing Office: The Real Estate Group, Inc.
$8,313 Closing Credit¹
#CA1035119, Tracy Shaw, Listing Office: Keller Williams Capital
$4,038 Closing Credit¹
#CA1035090, Tracy Shaw, Listing Office: Keller Williams Capital
Backup offers
$3,264 Closing Credit¹
#CA1033510, Brittney Gunther, Listing Office: Curvey Real Estate, Inc.
$7,361 Closing Credit¹
#CA1032832, Eric Easley, Listing Office: The Real Estate Group, Inc.
#CA1025798, Larry Sapp, Listing Office: Garrison Group Keller Williams
#CA1006150, Mary Hurwitz, Listing Office: Hurwitz Enterprises
#CA1006316, Mary Hurwitz, Listing Office: Hurwitz Enterprises
#CA1006317, Mary Hurwitz, Listing Office: Hurwitz Enterprises
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MLS Disclaimers and Copyright
Based on information from RMLS Alliance, for the period 05/01/2023 - 05/01/2025
Listings courtesy of RMLS Alliance as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.