From July to September, 12 homes sold in Sherman for a median price of $167,750. That's 20.1 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Sherman.
Median property tax for homeowners in Sherman was $4,659.50 in 2017 according to tax data from that year. That means homeowners pay 2.2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Sherman real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
16
$165,965
-
2010
19
$182,286
9.8%
2011
13
$174,585
-4.2%
2012
19
$187,480
7.4%
2013
20
$219,326
17%
2014
24
$209,880
-4.3%
2015
18
$183,857
-12.4%
2016
20
$197,400
7.4%
2017
19
$210,018
6.4%
2018
12
$167,750
-20.1%
Median property tax
Median sale price
Effective property tax rate
2009
$3,688.57
$165,965
2.2%
2010
$3,756.25
$182,286
2.1%
2011
$3,562.52
$174,585
2%
2012
$4,241.38
$187,480
2.3%
2013
$4,523.86
$219,326
2.1%
2014
$4,887.46
$209,880
2.3%
2015
$4,066.06
$183,857
2.2%
2016
$4,064.68
$197,400
2.1%
2017
$4,659.50
$210,018
2.2%