From January to March, 13 homes sold in Sherman for a median price of $153,000. That's 17.6 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, 3 homes in Sherman were in foreclosure.
Median property tax for homeowners in Sherman was $4,406.87 in 2017 according to tax data from that year. That means homeowners pay 2.4 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Sherman real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
10
$144,788
-
2010
15
$180,120
24.4%
2011
12
$171,478
-4.8%
2012
10
$186,935
9%
2013
9
$189,000
1.1%
2014
13
$179,140
-5.2%
2015
8
$177,020
-1.2%
2016
7
$204,750
15.7%
2017
9
$185,640
-9.3%
2018
13
$153,000
-17.6%
Median property tax
Median sale price
Effective property tax rate
2009
$3,142.54
$144,788
2.2%
2010
$3,785.02
$180,120
2.1%
2011
$4,092.03
$171,478
2.4%
2012
$4,273.73
$186,935
2.3%
2013
$3,738.20
$189,000
2%
2014
$3,673.96
$179,140
2.1%
2015
$4,041.05
$177,020
2.3%
2016
$4,343.70
$204,750
2.1%
2017
$4,406.86
$185,640
2.4%
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