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Sherman Township Housing Market Report July 2025Keweenaw County, Michigan

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Housing Prices in Sherman Township, MI

How much do homes in Sherman Township, MI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$159,500$94/SqFt
-$30,000
-15.8%

Based on all homes listed in July 2025

Insight

The list price of homes in Sherman Township has decreased by 15.8% since June.

Summary: The median home list price in Sherman Township was $159,500 in July 2025, down 15.8% from the previous month, and the median price per square foot was $94.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Mohawk
0.0%
Sherman Township
-15.8%
Eagle Harbor Township
-47.8%

Median List Price By Bedrooms

Median List 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.
BedsJun 2025Jul 2025Change MoM
1--
N/A
2$299K$299K
0.0%
3$80K$119.7K
+49.7%
4--
N/A
5--
N/A

Summary: Sherman Township housing price by bedroom type for July 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +49.7%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Sherman Township, MI compare with other places?

Market comparison tool

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

Sherman Township, MI

Housing supply in Sherman Township, MI

How many homes are available in Sherman 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
3Last MonthJul 2025
22 months agoJun 2025
+50.0 %
Change MoMJun – Jul

Summary: The Sherman Township real estate market had 3 homes for sale in Jul 2025, a 50.0 % increase compared to Jun 2025.

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.
BedsJun 2025Jul 2025Change MoM
100
0.0%
211
0.0%
312
+100.0%
400
0.0%
500
0.0%

Summary: Sherman Township housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Sherman 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 Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Sherman Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Sherman Township in July 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Sherman Township, MI

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

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

Summary: During July 2025, 1 homes were sold in Sherman Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
49 DaysLast MonthJul 2025
51 Days1 month agoJun 2025
-3.3 %
Change MoMJun – Jul

Summary: Homes in Sherman Township had an average listing age of 49 days in Jul 2025, down by 3.3% compared to the previous month.

Newest Listings in Sherman Township, MI

What homes are available in Sherman Township, MI?

Nearby markets

Nearby markets aren't available for Sherman Township, MI

MLS Disclaimers and Copyright

Based on information from MiRealSource Inc. DL, for the period 06/01/2025 - 08/01/2025

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/2/2025, 12:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.