Preforeclosure Homes in Sherman, ME

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View this home at Patterson Rd Sherman ME 04776
$34,168 EMV

| 0 Sq. Ft.

5 View this home at Patterson Rd Sherman ME 04776
$34,168 EMV
View this home at Patterson Rd Sherman ME 04776
$34,168 EMV
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Home Value Estimator For Sherman, ME

There are currently 27 real estate properties in Sherman, ME, with a median automated valuation model (AVM) price of $189,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sherman, ME, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Sherman, ME, is $239,973.00, with the most expensive house in Sherman, ME, topping out at $1,065,400.00 and the cheapest home in Sherman, ME, clocking in at $49,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Sherman, ME!

Rent Prices In Sherman, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sherman, ME, is on a rollercoaster ride. The average rent price in Sherman, ME, is $972.00. Indeed, when looking to rent in Sherman, ME, you can expect to pay as little as $780.00 or as much as $1,260.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Sherman, ME -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Sherman, ME

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Sherman, ME area at Get information on foreclosure homes for rent, how to buy foreclosures in Sherman, ME and much more. Save thousands at closing with home foreclosure listings in Sherman, ME — up to 75% off market value!

Top Reasons To Live In Sherman, ME In 2023

Sherman is located in Aroostook, Maine, with an estimated municipal population of 920 residents. All of the best foreclosed homes for sale in Sherman are located in the following zip code areas on 04776. The estimated population per square kilometer (.62 miles) in Sherman is 8.

Cost Of Living In Sherman, ME

So, about how much do homes cost in Sherman? The most recent median value of resident-owned homes in Sherman is 93,527. An estimated 92.2 percent of households in Sherman own their homes, with an average family size of 2.85. The median household income in Sherman is 45,893, with17 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sherman, the median commute time of resident workers (in minutes) is 26.9. And last, but certainly not least, are you looking for homes to rent in Sherman? If so, the average rent price paid by renters in Sherman is 879, according to recent statistics.

Diversity And Demographics In Sherman, Maine

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Sherman, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Sherman is 50.3, split between 51.6 percent male versus 48.4 female. The percentage of residents who report being married in Sherman is 59.5, with an average family size of 2.85.

The percentage of residents who report their race in Sherman is as follows:

White 93.3%
Black / African American 2.7%
Asian 0%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.2%
Other 0.8%

Looking for family-friendly neighborhoods in and/or near Sherman? Or maybe you are searching for 55+ active adult communities in and/or near Sherman?

The percentage of residents who report their age in Sherman is as follows:

Under 10 11.3%
Aged 10-19 6.3%
20s 8.7%
30s 13.9%
40s 8.8%
50s 17.7%
60s 18.3%
70s 11%
80+ 4%

Best Schools In Sherman, Maine

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Sherman with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sherman.

Pros And Cons Of Living In Sherman, Maine

How do you know that living in -- or moving to -- Sherman is right where you need to be? Perhaps you grew up in Sherman or already live nearby; therefore, the decision to buy a home in Sherman is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Sherman for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Sherman:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Sherman.

Reasons To Move To Sherman, Maine, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Sherman can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sherman, meanwhile, can field multiple offers from more qualified buyers.

Sherman, ME Preforeclosure Homes


Listing types in Sherman, ME

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