Sherman, WI—53075
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sherman, WI
As of Nov '25, the median home price in Sherman, WI is $349,000, with a year-over-year change of 7.8%. This indicates that home prices in Sherman, WI are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $349,000 | 7.8% |
| Single Family | $352,000 | 6.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $354,000 | 6.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sherman, WI
Sherman, WI 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, WI
As of Nov '25, Realtor.com reports that the median days on market for a home in Sherman, WI is 16. This is a increase of 312.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $511,000 | 21.0% |
Listing Count | 7 | -74.0% |
| Listings as % of Homes | 0.3% | -74.0% |
Days on Market | 16 | 312.0% |
Demographics — Sherman, WI
As of the latest ACS Survey released in 2023, Sherman, WI has a population of 3,240, which has decreased by -1.6% over the past 5 years. Sherman, WI is a moderately popular place for families, as children make up 18.1% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,240 | -1.6% |
% Under 18 | 18.1% | -19.9% |
% Seniors | 20.1% | 40.6% |
% WFH | 8.9% | 107.0% |
% w/ College Degree | 24.2% | 11.5% |
As of the latest ACS Survey released in 2023, Sherman, WI is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Sherman, WI is hispanic, making up 4.4% of the population. Foreign-born residents account for 2.6% of the population in Sherman, WI, and this percentage has increased by 116.7% 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 | 92.3% | -3.6% |
% Black | 0.3% | ∞% |
% Hispanic | 4.4% | 91.3% |
% Asian | 0.4% | -50.0% |
% Foreign Born | 2.6% | 116.7% |
Mortgage and Risk — Sherman, WI
According to HUD data as of 2023, there were 84 mortgage originations in Sherman, WI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Sherman, WI. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 84 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Rentals and Section 8 — Sherman, WI
Sherman, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | 8.0% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Sherman, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $349,000 |
| Median Household Income | $90,900 |