View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /Michigan
  4. /Sheridan, MI - 48884

Sheridan, MI—48884

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$228,000
7.9% YoY Growth
Household Income
$60,000
17.1% YoY Growth
Days on Market
15
25.0% Shorter YoY
Home Price Forecast
2.6%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Sheridan, MI

As of May '26, the median home price in Sheridan, MI is $228,000, with a year-over-year change of 7.9%. This indicates that home prices in Sheridan, MI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$228,0007.9%
Single Family $228,0008.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

Browse ZIP Codes by State

All states and cities →
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$230,0003.1%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    1.7%
    1 Bedroom
    6.1%
    2 Bedrooms
    20.7%
    3 Bedrooms
    53.0%
    4 Bedrooms
    12.9%
    5+ Bedrooms
    5.6%

    Rental Trends — Sheridan, MI

    Sheridan, MI lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    17.1%
    2 Bedrooms
    29.3%
    3 Bedrooms
    51.2%
    4 Bedrooms
    2.4%

    Property Listings — Sheridan, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Sheridan, MI is 15. This is a decrease of -25.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$260,000-6.0%
    Listing Count
    		10-23.0%
    Listings as % of Homes0.2%-23.0%
    Days on Market
    		15-25.0%
    Loading chart...

    Demographics — Sheridan, MI

    As of the latest ACS Survey released in 2023, Sheridan, MI has a population of 4,780, which has increased by 3.2% over the past 5 years. Sheridan, MI is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,7803.2%
    % Under 18
    		26.4%16.8%
    % Seniors
    		15.6%4.7%
    % WFH
    		4.3%-12.2%
    % w/ College Degree
    		15.6%41.8%
    Loading chart...

    As of the latest ACS Survey released in 2023, Sheridan, MI is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Sheridan, MI is hispanic, making up 6.2% of the population. Foreign-born residents account for 0.9% of the population in Sheridan, MI, and this percentage has decreased by 18.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		90.8%-6.0%
    % Black
    		0.3%-25.0%
    % Hispanic
    		6.2%226.3%
    % Asian
    		0.2%0.0%
    % Foreign Born
    		0.9%-18.2%
    Loading chart...

    Mortgage and Risk — Sheridan, MI

    Sheridan, MI lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Sheridan, MI

    Sheridan, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		15
    Total Units Section 8
    		15
    % Rentals under Section 8
    		13.8%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$900
    2 BedroomN/AN/A$1,080
    3 BedroomN/AN/A$1,320
    4 BedroomN/AN/A$1,430

    Affordability — Sheridan, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.5
    Median Home Price$228,000
    Median Household Income$60,000

    Sheridan, MI — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Fenwick, MI

    48834

    Sidney, MI

    48885

    Palo, MI

    48870

    Stanton, MI

    48888

    Orleans, MI

    48865

    Frequently Asked Questions