Sherman, NY—14781
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sherman, NY
As of Oct '25, the median home price in Sherman, NY is $167,000, with a year-over-year change of 2.9%. This indicates that home prices in Sherman, NY are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $167,000 | 2.9% |
| Single Family | $167,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $172,000 | 3.6% |
3 Bed | $171,000 | 3.0% |
4 Bed | $182,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sherman, NY
Sherman, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sherman, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Sherman, NY is 126. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $228,000 | 29.0% |
Listing Count | 8 | -12.0% |
| Listings as % of Homes | 0.7% | -12.0% |
Days on Market | 126 | 24.0% |
Demographics — Sherman, NY
As of the latest ACS Survey released in 2023, Sherman, NY has a population of 1,860, which has decreased by -11.0% over the past 5 years. Sherman, NY is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,860 | -11.0% |
% Under 18 | 25.5% | -14.4% |
% Seniors | 19.8% | 39.4% |
% WFH | 7.5% | 70.5% |
% w/ College Degree | 16.8% | 38.8% |
As of the latest ACS Survey released in 2023, Sherman, NY is a predominantly white area, with 89.8% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Sherman, NY is hispanic, making up 5.4% of the population. Foreign-born residents account for 1.1% of the population in Sherman, NY, and this percentage has increased by 450.0% 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 | 89.8% | -7.1% |
% Black | 0.2% | ∞% |
% Hispanic | 5.4% | 800.0% |
% Asian | 0.6% | 500.0% |
% Foreign Born | 1.1% | 450.0% |
Mortgage and Risk — Sherman, NY
Sherman, NY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Sherman, NY
Sherman, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Sherman, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $167,000 |
| Median Household Income | $65,100 |