Sheridan Township Housing Market Report March 2025•Huron County, Michigan

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Housing Prices in Sheridan Township, MI

How much do homes in Sheridan Township, MI cost?

Housing Market Conditions

Is Sheridan Township, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Sheridan Township is a Seller's Market

Difference Since March 2024

At the same time last year, Sheridan Township was a Neutral Market.

Insight

Sheridan Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$226,300$145/SqFt
-$3,700
-1.6%

Based on all homes sold in the last 12 months

Insight

Homes in Sheridan Township have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Sheridan Township was $226,300 in March 2025, down 1.6% from last year, and the median price per square foot was $145.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$70K$159.9K
+128.4%
2$167.5K$155K
-7.5%
3$225K$226.6K
+0.7%
4$262.5K$282.5K
+7.6%
5$311K$230K
-26.0%

Summary: Sheridan Township housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +128.4%. The home price for 2 bedroom homes decreased by -7.5%. The home price for 3 bedroom homes increased by +0.7%. The home price for 4 bedroom homes increased by +7.6%. The home price for 5 bedroom homes decreased by -26.0%.

How does Sheridan Township, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Sheridan Township, MI

Housing supply in Sheridan Township, MI

How many homes are available in Sheridan Township, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
11Last MonthMar 2025
132 months agoFeb 2025
-15.4 %
Change MoMFeb – Mar

Summary: The Sheridan Township real estate market had 11 homes for sale in Mar 2025, a 15.4 % decrease compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthMar 2025
12 months agoFeb 2025
+400.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
111
0.0%
234
+33.3%
384
-50.0%
412
+100.0%
500
0.0%

Summary: Sheridan Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes decreased by -50.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Sheridan Township, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price2 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in Sheridan Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Sheridan Township in March 2025, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and and 20% were sold over asking.

Days on Market for Sheridan Township, MI

How long does it take to sell a home in Sheridan Township, MI?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Many homes in Sheridan Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 5 homes were sold in Sheridan Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
37 DaysThis YearMar 2025
84 Days1 year agoMar 2024
-55.2 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Sheridan Township had an average listing age of 37 days in Mar 2025, down by 55.2% compared to the previous year.

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Newest Listings in Sheridan Township, MI

What homes are available in Sheridan Township, MI?

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MLS Disclaimers and Copyright

Based on information from Michigan Regional Information Center LLC, for the period 04/01/2023 - 04/01/2025

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.