Housing in Sheridan, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$155,000
Median List Price
N/A
Price Per Sq Ft
$189
Days on Market
16
Active Inventory
3
Months of Supply
3.0
Seller's market
Zillow Home Value
$204,821
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
100.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$189
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
$140,600
Median Rent
$777
Total Housing Units
353
Vacancy Rate
11.6%
Owner Occupied
85.9%
Renter Occupied
14.1%
Median Property Tax
$1,667
per year
Monthly Cost (w/ Mortgage)
$836
Housing Types
The current median sale price in Sheridan, MI is $155,000 according to Redfin data. Homes spend a median of 16 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $189. The median rent is $777 per month (Census ACS). About 85.9% of housing units are owner-occupied. The median year homes were built is 1961. There are 353 total housing units.