Home prices
The median home in Sheridan is valued at $148,600. This is about $26,900 (15%) lower in comparison to its surrounding areas.In comparison to the nation as a whole it is approximately $68,900 (31%) lower, and it is roughly $109,400 (42%) lower compared to the city of Chicago.
Rents
In Sheridan the median monthly rent is $1,008. This is approximately $60 (6%) higher compared to nearby areas.It is about $54 (5%) lower in comparison to the nation as a whole, and is roughly $104 (9%) lower compared to the city of Chicago.
Nearby places
Millington
Millington is approximately 4 miles northeast from Sheridan. The real estate prices there are a bit more expensive. The median home in Millington is valued at $175,400, which comes out to $26,800 (15%) higher than Sheridan. Its rents are significantly less expensive. The median monthly rent in Millington is $747, which is $261 (34%) lower than Sheridan.
Newark
Newark is about 4 miles east of Sheridan. The real estate prices there are somewhat more expensive. The price of the median home in Newark is $192,600, which comes out to $44,000 (22%) higher than Sheridan. The rent there is significantly less expensive. In Newark the median monthly rent is $675, which works out to $333 (49%) lower than Sheridan.
Lake Holiday
Lake Holiday is approximately 5 miles north of Sheridan. Real estate prices there are a bit more expensive. The median home in Lake Holiday is valued at $196,800, which works out to $48,200 (24%) higher than Sheridan. Rent there is a little more expensive. The median rent in Lake Holiday is $1,472 a month, which comes out to $464 (31%) higher than Sheridan.
Somonauk
Somonauk is about 7 miles north of Sheridan. Housing prices there are somewhat more expensive. The median home cost in Somonauk is $168,900, which comes out to $20,300 (12%) higher than Sheridan. Its rents are fairly similar. Somonauk's median monthly rent is $988, which comes out to $20 (2%) lower than Sheridan.
Leland
Leland is roughly 7 miles northwest of Sheridan. Housing prices there are pretty similar. Leland's median home cost is $143,800, which comes out to $4,800 (3%) lower than Sheridan. Rents there are somewhat less expensive. The median rent in Leland is $858 per month, which is $150 (17%) lower than Sheridan.
