Sherrill, NY—13461
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sherrill, NY
As of Oct '25, the median home price in Sherrill, NY is $251,000, with a year-over-year change of 9.6%. This indicates that home prices in Sherrill, NY are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $251,000 | 9.6% |
| Single Family | $251,000 | 10.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $211,000 | 11.6% |
3 Bed | $247,000 | 10.3% |
4 Bed | $306,000 | 10.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sherrill, NY
As of July '25, Rentcast reports the average rent in Sherrill, NY is $1,180, with a year-over-year rent change of -38.5%. Per bedroom, the median rent as of July '25 in Sherrill, NY is 2-bedrooms: $1,180. The most common rental property sizes in Sherrill, NY are 3-bedroom and 1-bedroom, accounting for 42.3% and 30.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,150 | $1,180 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sherrill, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Sherrill, NY is 47. This is a decrease of -26.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $252,000 | -4.0% |
Listing Count | 15 | 10.0% |
| Listings as % of Homes | 0.1% | 10.0% |
Days on Market | 47 | -26.0% |
Demographics — Sherrill, NY
As of the latest ACS Survey released in 2023, Sherrill, NY has a population of 3,050, which has remained stable by 0.5% over the past 5 years. Sherrill, NY is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 40.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,050 | 0.5% |
% Under 18 | 21.8% | 16.6% |
% Seniors | 26.4% | 1.5% |
% WFH | 13.8% | 711.8% |
% w/ College Degree | 40.6% | 39.5% |
As of the latest ACS Survey released in 2023, Sherrill, NY is a predominantly white area, with 91.7% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Sherrill, NY is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.2% of the population in Sherrill, NY, and this percentage has increased by 20.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.7% | -3.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.9% | 7.4% |
% Asian | 2.7% | ∞% |
% Foreign Born | 1.2% | 20.0% |
Mortgage and Risk — Sherrill, NY
According to HUD data as of 2023, there were 59 mortgage originations in Sherrill, NY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Sherrill, NY. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 59 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Sherrill, NY
Sherrill, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 42 |
% Rentals under Section 8 | 11.0% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,060 |
| 2 Bedroom | $170 | $1,150 | $1,320 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,880 |
Affordability — Sherrill, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $251,000 |
| Median Household Income | $88,100 |