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Sherman Homes for Sale

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  • /28

    $155,000

    • 4 Beds
    • 2 Baths
    • 1,514 Sq Ft

    169 N 6th St, Elkhart, IN 46516

    Investment opportunity with two separate living spaces and income producing potential in a convenient location close to downtown! Unit A features 3 bedrooms and 2 full baths, while Unit B features 1 bedroom and 1 full bath, creating an excellent opportunity for additional rental income, a guest space, or multi-generational living. A new sewer line was recently installed, and new windows in 2023,

    Cara Warren eXp Realty, LLC

    169 N 6th St, Elkhart, IN 46516
  • /15

    $67,500

    $8K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,632 Sq Ft

    154 N 6th St, Elkhart, IN 46516

    *Seller willing to sell on land contract* Check out this 4-bedroom 1-bathroom house. Just minutes from downtown Elkhart, with shops, restaurants, parks, and entertainment just around the corner, this home is ideal for anyone looking to be close to the action while still enjoying a quiet neighborhood feel. Don’t miss your chance to make it yours! See agent remarks

    Jarred Moen eXp Realty, LLC

    154 N 6th St, Elkhart, IN 46516
  • /2

    $65,000

    • 3 Beds
    • 2 Baths
    • 1,558 Sq Ft

    510 W Lexington Ave, Elkhart, IN 46516

    This home has been taken down to the studs and is ready for someone to bring it back to life. If you’ve been looking for a project with upside, this is one worth a look. There’s a solid amount of space to work with. The upper level offers 2 bedrooms connected by a Jack and Jill bathroom. On the main floor, you’ve got the footprint to create a living room, dining area, kitchen, bathroom, and even

    Jose Ramirez Berkshire Hathaway HomeServices Elkhart

    510 W Lexington Ave, Elkhart, IN 46516
  • /9

    $69,900

    $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 900 Sq Ft

    412 W Washington St, Elkhart, IN 46516

    This 2-bedroom, 1-bath home main level laundry and a flexible floor plan that could be turned into 3-bedroom . Home has New roof and siding! Currently tenant-occupied and has been used as a rental for the past 10 years, making for a great investment opportunity. Minimum 24 hr notice for showings Buyer to verify taxes, room sizes and Schools

    Cyle Jaskolka Realty Group Resources

    412 W Washington St, Elkhart, IN 46516
  • /4

    $15,000

    • Land
    • 6,534 Sq Ft
    • $100,000 per Acre

    TBD 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

    TBD W Washington St, Elkhart, IN 46516
  • /30

    $239,000

    $6K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 1,784 Sq Ft

    404 Vistula St, Elkhart, IN 46516

    Welcome to this lovely house offering five spacious bedrooms and two full bathrooms. This house features two kitchens including all appliances and plenty of space to do your hobbies. With five bedrooms you can have your perfect home office or use one of the rooms as your dream walk in closet. Step outside and enjoy your cup of coffee on the cute deck. The two car garage and the unfinished

    Mirian Ortiz Cardoso Berkshire Hathaway HomeServices Elkhart

    404 Vistula St, Elkhart, IN 46516

Why Live in Sherman

Sherman is one of Elkhart’s oldest neighborhoods, set between the Elkhart and Lower Saint Joseph Rivers. It’s also one of the city’s most walkable neighborhoods, with riverfront parks and downtown attractions nearby. The neighborhood primarily features Craftsman-style homes, some of which date back to the late 19th century. There are also townhouses and apartments, and most residents in Sherman are renters. However, some homeowners face challenges qualifying for flood insurance due to a 2018 storm, contributing to longer market times for homes. Neighborhood green spaces include Langle Park and the Geroldean Thursby Memorial Tot Lot, both offering updated playgrounds. Nearby parks accessible via footbridges include Island Park, Kardzhali Park and NIBCO Water and Ice Park. Within a few blocks of Sherman, dining options range from fast-food chains to local favorites like Iechyd Da Brewing Company and The Tipsy Biscuit. Residents can head downtown for annual festivities 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.

Sherman, Elkhart, IN Home Prices vs. Nearby Neighborhoods

Sherman South Shore-Bridge Street Tipton Area West Central
Median Home Price
$109,950
$137,000
$140,000
$129,900
Median Sale Price
$132,950
+62% YoY
$130,000
-4% YoY
$130,000
-19% YoY
$105,000
-11% YoY
Avg. Price per Square Foot
$51
$75
$74
$75
Median Single Family Price
$100,450
$132,500
$140,000
$129,900
Total Active Listings
6 listings
3 listings
5 listings
4 listings
Market Conditions
8 Months of Supply
Buyer's Market
3 Months of Supply
Seller's Market
6 Months of Supply
Balanced Market
5 Months of Supply
Balanced Market

Frequently Asked Questions

Is Sherman a good place to live?
Sherman is a good place to live. Sherman is considered somewhat walkable and bikeable with some transit options. 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 74% of residents renting and 26% 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.
How much do you need to make to afford a house in Sherman?
The median home price in Sherman is $109,950. If you put a 20% down payment of $22,000 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $580 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $25K a year to afford the median home price in Sherman. Learn how much home you can afford with our Home Affordability Calculator. 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 46516, 46514, 46517, 46561 and 46530.
What are the most popular neighborhoods near Sherman, Elkhart, IN?
The most popular neighborhoods near Sherman, Elkhart, IN are Sherman, West Central, Strong, McNaughton and Tipton Area.
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