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.
Home Trends in Sherman, IN
On average, homes in Sherman, Elkhart sell after 159 days on the market compared to the national average of 70 days. The median sale price for homes in Sherman, Elkhart over the last 12 months is $830,000, up 74% from the median home sale price over the previous 12 months.
Median Sale Price
$830,000
Median Single Family Sale Price
$830,000
Average Price Per Sq Ft
$354
Number of Homes for Sale
1
Last 12 months Home Sales
4
Median List Price
$847,747
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
74%