Rent To Own Homes in Sherrard, IL

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View this home at W Center St Joy IL 61260
$77,697 EMV

| 0 Sq. Ft.

View this home at W Center St Joy IL 61260
$77,697 EMV
1 View this home at Main St New Windsor IL 61465
$9,900 List Price
4 View this home at 13th St Viola IL 61486
$132,017 EMV

2 Bed | 1.5 Bath | 1,806 Sq. Ft.

19 View this home at 1st St Matherville IL 61263
$36,000 List Price

2 Bed | 1 Bath | 845 Sq. Ft.

Displaying 1 - 5 of 5

Foreclosure Homes in Sherrard, IL

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

Top Reasons To Live In Sherrard, IL In 2023

Sherrard is located in Mercer, Illinois, with an estimated municipal population of 594 residents. All of the best foreclosed homes for sale in Sherrard are located in the following zip code areas on 61281. The estimated population per square kilometer (.62 miles) in Sherrard is 247.

Cost Of Living In Sherrard, IL

So, about how much do homes cost in Sherrard? The most recent median value of resident-owned homes in Sherrard is 104,687. An estimated 83.7 percent of households in Sherrard own their homes, with an average family size of 3.05. The median household income in Sherrard is 60,735, with17.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sherrard, the median commute time of resident workers (in minutes) is 27.1. And last, but certainly not least, are you looking for homes to rent in Sherrard? If so, the average rent price paid by renters in Sherrard is 675, according to recent statistics.

Diversity And Demographics In Sherrard, Illinois

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 Sherrard, 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 Sherrard is 39.5, split between 51.7 percent male versus 48.3 female. The percentage of residents who report being married in Sherrard is 51.2, with an average family size of 3.05.

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

White 92%
Black / African American 3%
Asian 0.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.5%
Other 0%

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

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

Under 10 7.8%
Aged 10-19 19%
20s 11.6%
30s 12.3%
40s 15.3%
50s 13.6%
60s 9.2%
70s 7.9%
80+ 3.2%

Best Schools In Sherrard, Illinois

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 Sherrard with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sherrard.

Pros And Cons Of Living In Sherrard, Illinois

How do you know that living in -- or moving to -- Sherrard is right where you need to be? Perhaps you grew up in Sherrard or already live nearby; therefore, the decision to buy a home in Sherrard is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Sherrard 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 Sherrard:

  • 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 Sherrard.

Reasons To Move To Sherrard, Illinois, 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 Sherrard can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sherrard, meanwhile, can field multiple offers from more qualified buyers.

Sherrard, IL Rent To Own Homes


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