Sherman City Union Church · Photo: rossograph · CC BY-SA 4.087 homes sold in Sherman Township in the last year, at a typical $233K
Redfin reports Sherman Township’s sales by ZIP code, so these figures are for ZIP 48893, which takes in Sherman Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Sherman Township homes are listed.
Every place Sherman Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Sherman Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 99% of Sherman Township’s sales, at a typical $218K (year to May 2026)
87 homes sold in the year to September 2026.
typical sale · 84 sold in the year to May 2026
- Per square foot
- $134MI $172
- Days to sell
- 64
- Sold over asking
- 17%
About as many homes sell as usual, at twice the 2016 price
87 sales in the last year, against 105 in 2019 and a low of 64 in 2012. The typical sale went from $109K in 2016 to $233K.
Source: Redfin Data Center, MLS sales; for ZIP 48893, which takes in Sherman Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $250K buys in Sherman Township
Check a listing against what Sherman Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Sherman Township are back to pre-pandemic levels, but 38% fewer homes come up for sale
We read every month of home sales in ZIP 48893 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 87 sales.
If you’re buying in Sherman Township
- Shop in May. It brings about 13 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
- Offer under asking. Buyers paid 96.1% of the list price on average; 11% paid over.
- You’ll usually have time. Only 36% of homes go under contract within two weeks; the typical one takes 67 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 13 a month), but July is the most competitive: 22% of July sales close over asking. April has the least competition (11%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Michigan
| Sherman Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 11% | 11% | 29% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 36% | 3% | 10% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 96.1% | 94.5% | 97.2% | 98.1% |
| Days to sellMedian days from listing to contract | 67 | 116 | 82 | 36 |
30 homes for sale on a typical day
That’s 1.6 times the 2023 low (18), 38% fewer than in 2017–19 and well under 2012’s 87.
Source: Redfin Data Center, ZIP code tracker; for ZIP 48893, which takes in Sherman Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Sherman Township home costs about $1,400 a month
Price: Sherman Township’s typical sale, last 12 months. Property tax at Sherman Township’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Sherman Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. January has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $233K home, about $2,220 a year.
Taxes vs. neighborsSchools
The schools grade for Sherman Township, from test results, graduation and how much students grow.
Schools in Sherman TownshipTypical commute
The average one-way trip to work for people who live in Sherman Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Mount Pleasant, Clare, Shepherd and Big Rapids sell for less a square foot; Canadian Lakes for far more
The busier markets within 25 miles of Sherman Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Mount Pleasant | 225 | $194K | $141 | 23% | 60 |
| Canadian Lakes | 108 | $334K | $194 | 13% | 55 |
| Big Rapids | 89 | $200K | $129 | 32% | 29 |
| Sherman Township (ZIP 48893) | 87 | $233K | $153 | 11% | 67 |
| Lake Isabella | 44 | $260K | $154 | 13% | 55 |
| Clare | 34 | $165K | $122 | 9% | 40 |
| Shepherd | 21 | $183K | $128 | 13% | 69 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Sherman Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Sherman Township. People who follow the town see it, and so do people comparing Sherman Township with their own town. No commission, no listing fee.
Questions about buying a home in Sherman Township
What do homes sell for in Sherman Township, MI?
87 homes sold in the year to September 2026 at a typical $233K, $153 a square foot.
Is Sherman Township a buyer’s or seller’s market?
A seller’s market: 38 homes were for sale in September 2026 and 11 sold, about 3.2 months of supply. Buyers paid 96.1% of asking on average.
When is the best time to buy in Sherman Township?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Sherman Township?
About 1% of a home’s value a year. On a $233K home that’s near $2,220.
Where can I see homes for sale in Sherman Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Sherman Township’s MLS listings; the search links above open each one filtered to Sherman Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48893, which takes in Sherman Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).