Sherman, IL Real Estate
According to census data in the year 2000 there were 1,003 housing units in Sherman.
This represents a 41.1% growth from 711 in 1990.
Of those housing units, 932 were located in either urbanized areas or urban clusters, and 71 were located in what is classified as a rural area.
Homeownership rate in Sherman is about 82.6%.
Sherman's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Sherman were built after 1980.
|Housing Units by Size|
|Five Bedrooms or more||5.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.9|
|Median year structure was built||1981|
|Median Value of occupied units||$127,600|
|Median Price asked for vacant units||$150,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.93|
|Median year structure was built||1976|
|Median Monthly Rent asked for vacant units||$463|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||10.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.4%|