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Sherman, NY Real Estate


According to census data in the year 2000 there were 314 housing units in Sherman. This represents a 6.4% growth from 295 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 314 were located in what is classified as a rural area.

Homeownership rate in Sherman is about 66.8%. Sherman's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Sherman were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom18.20%
Two Bedrooms20.70%
Three Bedrooms38.50%
Four Bedrooms18.80%
Five Bedrooms or more3.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1939
Median Value of occupied units$47,900
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1940
Median Monthly Rent asked for vacant units$263

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.70%
Home Equity Loan6.30%
Simple Mortgage52.40%
Debt Free40.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%