House Prices

House Prices & Home Values Sherman, IL 2026


Average Data

average house price$254,534
average size per house2799 ft²
average price per ft²91 $ / ft²

04/18/2026 - The value range (VR) for house prices in Sherman, IL is $91/ sqft to $91/ sqft. An average home with 2799 sqft costs approximately $254,709 to $254,709. Sherman, IL includes 1 ZIP codes and it is located in Sangamon county. The lowest prices are found in ZIP 62684, while the highest are in ZIP 62684. The average price per sqare feet is $91. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Sherman

6268496 $ / ft²




Historical development of home values in Sherman

Year Estimated value (USD) Change vs. 2025
2010 $118,210 -53.6%
2011 $113,639 -55.4%
2012 $113,333 -55.5%
2013 $117,569 -53.8%
2014 $123,415 -51.5%
2015 $129,749 -49.0%
2016 $136,520 -46.4%
2017 $143,889 -43.5%
2018 $151,844 -40.3%
2019 $158,885 -37.6%
2020 $167,098 -34.4%
2021 $190,056 -25.3%
2022 $221,563 -13.0%
2023 $233,649 -8.2%
2024 $247,165 -2.9%
2025 $254,534 0.0%

Graph: estimated home values in Sherman over time (USD)



Example: 100% financing house in Sherman

Loan amount: $254,534

Interest rate: 6.00%

Fixed monthly payment: $1,526.06

Breakdown in the 1st month:
Interest portion: $1,272.67  –  Principal portion: $253.39

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,187.01 $3,125.71 $251,408.29
2 $14,994.23 $3,318.49 $248,089.80
3 $14,789.55 $3,523.17 $244,566.63
4 $14,572.25 $3,740.47 $240,826.15
5 $14,341.54 $3,971.18 $236,854.98
6 $14,096.61 $4,216.11 $232,638.87
7 $13,836.57 $4,476.15 $228,162.71
8 $13,560.49 $4,752.23 $223,410.48
9 $13,267.38 $5,045.34 $218,365.15
10 $12,956.20 $5,356.52 $213,008.62
11 $12,625.82 $5,686.90 $207,321.72
12 $12,275.06 $6,037.66 $201,284.06
13 $11,902.67 $6,410.05 $194,874.02
14 $11,507.31 $6,805.40 $188,068.61
15 $11,087.57 $7,225.15 $180,843.47
16 $10,641.94 $7,670.78 $173,172.69
17 $10,168.82 $8,143.90 $165,028.79
18 $9,666.53 $8,646.19 $156,382.60
19 $9,133.25 $9,179.47 $147,203.13
20 $8,567.08 $9,745.64 $137,457.49
21 $7,965.99 $10,346.73 $127,110.76
22 $7,327.83 $10,984.89 $116,125.86
23 $6,650.30 $11,662.42 $104,463.45
24 $5,930.99 $12,381.73 $92,081.71
25 $5,167.31 $13,145.41 $78,936.31
26 $4,356.53 $13,956.19 $64,980.12
27 $3,495.74 $14,816.98 $50,163.14
28 $2,581.86 $15,730.85 $34,432.29
29 $1,611.62 $16,701.10 $17,731.19
30 $581.53 $17,731.19 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Sherman, IL


1500 sqft3900 sqft
Ø selling price$165,165$351,351
Ø fast selling$150,150$316,216
Ø high price sale$180,180$386,487

In 2026, houses in Sherman, IL will be offered at an average price of $91 per square foot. A 1,500 sqft home priced at $165,165 is 24.20% more expensive per square foot than a 3,900 sqft home priced at $351,351. Home prices in Sherman, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $243,244. Sellers who can wait longer may achieve a higher price of up to $297,297.


Discover Sherman, IL

Sherman, IL is a welcoming village in Sangamon County just north of Springfield, blending small-town charm with big-city access.


Location & Access

Positioned near I-55 and Illinois Route 4, Sherman, IL offers convenient commutes to downtown Springfield, state offices, and regional employers.


Lifestyle & Amenities

Residents enjoy quiet neighborhoods, locally owned restaurants and shops, and a strong sense of community pride.


Parks & Recreation

Sherman?s parks and multi-use trails support walking, biking, youth sports, and year-round outdoor recreation.


Education

Families appreciate reputable local schools serving the village and an active network of youth programs and extracurriculars.


Things to Do Nearby

Just minutes away, Springfield attractions like the Abraham Lincoln Presidential Library and Museum, historic sites, and major events expand entertainment options.


Economy & Real Estate

The local economy blends small businesses, healthcare and government employment from the Springfield area, and steady residential growth.


Homebuyers find a range of real estate in Sherman Illinois, from new subdivisions to established neighborhoods with generous lots.


Community & Safety

The village is known for safe streets, active civic organizations, and community festivals that bring neighbors together.


Quality of Life

With convenient access, affordable living, and a welcoming atmosphere, Sherman, IL offers an exceptional quality of life in central Illinois.



FAQ – Home Values in Sherman

What is the median home value in Sherman in 2026?

In 2026, the typical home value in Sherman is about $254,534 for an average home size of 2799 square feet. This corresponds to an average price of roughly $91 per square foot.

What is the average cost per square foot in Sherman?

In 2026, homes in Sherman sell for an average of around $91 per square foot, with a typical range between $91 and $91 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Sherman is about 2799 square feet, with an estimated 2026 value around $254,534.



Locations close to Sherman, IL

Shipman, IL85 $ / ft²
Tallula, IL77 $ / ft²
Thayer, IL128 $ / ft²
San Jose, IL84 $ / ft²
Rushville, IL111 $ / ft²
Pleasant Plains, IL72 $ / ft²




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