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Sherman Homes for Sale

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  • 170 N 5th St, Elkhart, IN 46516
    170 N 5th St, Elkhart, IN 46516
    170 N 5th St, Elkhart, IN 46516
    /15

    $134,900

    • 4 Beds
    • 2 Baths
    • 1,520 Sq Ft

    170 N 5th St, Elkhart, IN 46516

    Move right into this recently updated home close to the Riverwalk, Aquatic Center, restaurants, parks, and all that downtown Elkhart has to offer! Four nice sized bedrooms (1 main level), two full bathrooms, new carpet & flooring throughout and paint. Eat in kitchen, main level laundry area, and dining room or office. Come take a look today!

    Heidi Gaskill Berkshire Hathaway HomeServices Elkhart

    170 N 5th St, Elkhart, IN 46516
  • 501 N 2nd St, Elkhart, IN 46516
    501 N 2nd St, Elkhart, IN 46516
    501 N 2nd St, Elkhart, IN 46516
    /20

    $210,000

    • 4 Beds
    • 1 Bath
    • 2,112 Sq Ft

    501 N 2nd St, Elkhart, IN 46516

    Completely remodeled very spacious home just North of beautiful downtown Elkhart. You'll love the charm that this home brings to your family with a large kitchen, dining room and living room areas. The bedrooms are decent sized with new carpeting. Full basement access from the garage door entryway. The rear deck is great for entertaining and hanging out to watch the sunset. All of this with a

    Edelmiro Rodriguez R Home Real Estate, LLC

    501 N 2nd St, Elkhart, IN 46516
  • 0 W Washington St, Elkhart, IN 46516
    0 W Washington St, Elkhart, IN 46516
    0 W Washington St, Elkhart, IN 46516
    /4

    $18,000

    • Land
    • 0.15 Acre
    • $120,000 per Acre

    0 W Washington St, Elkhart, IN 46516

    This 41 x 160 city lot is close to downtown and all Elkhart has to offer like the River walk, parks, restaurants, shopping, and the Aquatic Center. Come take a look today!

    Heidi Gaskill Berkshire Hathaway HomeServices Elkhart

    0 W Washington St, Elkhart, IN 46516
Indiana Elkhart Sherman

Real Estate & Homes for Sale in Sherman, Elkhart

Why Live in Sherman

Sherman, a neighborhood in Elkhart, features homes that are predominantly Craftsman-style, with some dating back to the late 19th century. The area includes townhouses and apartments, with a higher proportion of renters than owners. Home prices range from fixer-uppers under $60,000 to move-in ready houses between $75,000 and $155,000. However, some homeowners face challenges qualifying for flood insurance due to a 2018 storm, contributing to longer market times for homes. Sherman is well-suited for walking and biking, with Langle Park and Geroldean Thursby Memorial Tot Lot offering updated playgrounds. Nearby parks accessible via footbridges include Island Park, Kardzhali Park, and NIBCO Water and Ice Park. Dining options range from fast food to local favorites like Iechyd Da Brewing Company and The Tipsy Biscuit, with multiple grocery stores within a 5-minute drive. The neighborhood is close to major annual events such as the Elkhart Jazz Festival and the Elkhart Grand Prix go-kart race. Public transportation is convenient with the Interurban Trolley Blue, Green, and Yellow Lines, and major roads and highways are easily accessible. The Indiana Toll Road is 4 miles away, and South Bend International Airport is just over 25 miles from Sherman.

Learn more about living in Sherman

Frequently Asked Questions

Is Sherman a good place to live?
Sherman is a good place to live. Sherman is considered somewhat walkable and bikeable. Sherman is an urban core neighborhood. Sherman has 14 parks for recreational activities. It has a median age of 31. The average household income is $58,439 which is below the national average. College graduates make up 2.8% of residents. A majority of residents in Sherman are renters, with 73.7% of residents renting and 26.3% of residents owning their home. A local real estate agent serving Sherman can help you decide if this neighborhood is the right one for you. Learn more on our Sherman neighborhood guide.
Is Sherman, IN a safe neighborhood?
Sherman, IN is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Sherman?
The median home price in Sherman is $124,900. If you put a 20% down payment of $25,000 and had a 30-year fixed mortgage with an interest rate of 6.84%, your estimated principal and interest payment would be $650 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $28K a year to afford the median home price in Sherman. The average household income in Sherman is $58K.
What are the best public schools in Sherman?
The best public schools that serve Sherman are:
What are the best private schools in Sherman?
The best private schools that serve Sherman are:
What are the most popular zip codes in Sherman, Elkhart, IN?
The most popular zip codes in Sherman, Elkhart, IN include 46628, 49120, 46514, 46530 and 46614.
What are the most popular neighborhoods near Sherman, Elkhart, IN?
The most popular neighborhoods near Sherman, Elkhart, IN are Sherman, Bower, West Central, Strong and Northside.

Home Trends in Sherman, IN

On average, homes in Sherman, Elkhart sell after 94 days on the market compared to the national average of 49 days. The median sale price for homes in Sherman, Elkhart over the last 12 months is $76,000, down 7% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$76,000
Median Single Family Sale Price
$84,250
Average Price Per Sq Ft
$44
Number of Homes for Sale
2
Last 12 months Home Sales
9
Months of Supply
2.70
Median List Price
$124,900
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-7%
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