Home prices
The median home value in Sherman is $71,800. Compared to other places in this area it is about $34,400 (32%) lower.It is roughly $145,700 (66%) lower in comparison to the entire nation, and is approximately $18,000 (20%) lower compared to the city of Buffalo.
Rents
Sherman's median monthly rent is $513. It is roughly $67 (11%) lower in comparison to nearby areas.It is approximately $549 (51%) lower in comparison to the entire country, and it is about $263 (33%) lower in comparison to the city of Buffalo.
Nearby places
Panama
Panama is roughly 7 miles southeast of Sherman. The real estate prices there are somewhat more expensive. The median home price in Panama is $82,900, which is $11,100 (13%) higher than Sherman. Rents there are a bit more expensive. Panama's median rent is $613 a month, which comes out to $100 (16%) higher than Sherman.
Mayville
Mayville is about 7 miles northeast of Sherman. Real estate prices there are significantly more expensive. The value of the median home in Mayville is $111,900, which is $40,100 (35%) higher than Sherman. Rents there are a bit more expensive. The median monthly rent in Mayville is $546, which is $33 (6%) higher than Sherman.
Ripley
Ripley is approximately 8 miles northwest from Sherman. Its housing prices are a bit less expensive. The median home in Ripley costs $61,100, which comes out to $10,700 (17%) lower than Sherman. Rent there is pretty similar. The median rent in Ripley is $518 a month, which is very similar to Sherman.
Bemus Point
Bemus Point is roughly 8 miles east of Sherman. Real estate prices there are substantially more expensive. The cost of the median home in Bemus Point is $195,800, which works out to $124,000 (63%) higher than Sherman. Its rents are somewhat more expensive. The median monthly rent in Bemus Point is $550, which works out to $37 (6%) higher than Sherman.
Westfield
Westfield is roughly 10 miles north of Sherman. Real estate prices there are a little more expensive. Westfield's median home price is $79,300, which is $7,500 (9%) higher than Sherman. Its rents are a little more expensive. Westfield's median monthly rent is $671, which comes out to $158 (23%) higher than Sherman.