Housing in Sheridan, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$302,345

Median List Price

$302,345

Price Per Sq Ft

$147

Days on Market

81

Active Inventory

18

Months of Supply

3.6

Seller's market

Zillow Home Value

$375,486

ZHVI — January 2026

Zillow Rent Index

$1,450

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 2.1%List Price 18.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

94.1%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
38.9%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

5

Pending Sales

9

Homes Sold 58.3%New Listings 37.5%Pending 30.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$147

Median List $/SF

$190

Sale $/SF 0.0%List $/SF 27.5%Mar 24Jan 26

Sheridan vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Sheridan is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$177,200

Median Rent

$788

Total Housing Units

1,498

Vacancy Rate

8.5%

Owner Occupied

65.0%

Renter Occupied

35.0%

Median Property Tax

$1,362

per year

Monthly Cost (w/ Mortgage)

$1,138

Housing Types

Single Family
77.8%
Multi-Family
17.2%
Mobile Home
5.0%

The current median sale price in Sheridan, IN is $302,345 according to Redfin data. Homes spend a median of 81 days on the market. 0.0% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $147. Zillow's observed rent index is $1,450/month. About 65.0% of housing units are owner-occupied. The median year homes were built is 1967. There are 1,498 total housing units.