From October to December, 16 homes sold in Sherman for a median price of $160,950. That's 9.8 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Sherman.
Median property tax for homeowners in Sherman was $2,823.87 in 2017 according to tax data from that year. That means homeowners pay 1.6 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$204,750
-
2010
14
$226,290
10.5%
2011
13
$175,150
-22.6%
2012
13
$168,950
-3.5%
2013
20
$169,560
0.4%
2014
14
$186,030
9.7%
2015
10
$192,867
3.7%
2016
18
$188,738
-2.1%
2017
13
$178,500
-5.4%
2018
16
$160,950
-9.8%
Median property tax
Median sale price
Effective property tax rate
2009
$4,220.93
$204,750
2.1%
2010
$4,785.66
$226,290
2.1%
2011
$4,175.16
$175,150
2.4%
2012
$3,551
$168,950
2.1%
2013
$3,803.47
$169,560
2.2%
2014
$3,614.66
$186,030
1.9%
2015
$4,183.82
$192,867
2.2%
2016
$4,049.71
$188,738
2.1%
2017
$2,823.87
$178,500
1.6%