New Downward Trend in New Listings for Sherman County Real Estate Market

The Sherman County market might be slowing in the coming weeks. Sales stayed steady at two homes sold over the last 30 days, but there is a new downward trend in the number of new listings, with zero going live in the same time frame. The median sales price remained unchanged over the latest reporting period for Sherman County, coming in at $175,625. Despite the flat sales, a relatively low two months of inventory remaining indicates that Sherman County is a definite seller's market.

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Demographic facts for Sherman County:

  • The median value of all homes is $103,600.
  • The area gets 81 rainy days a year. (U.S. average: 100)
  • The area's unemployment rate is 8.9%.
  • The students per teacher ratio in this area is 9.9:1. (15.3:1 = national average)

Data reported through 10/19/2016

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