Sheridan Real Estate
10 active listings · 36 sold in the past 12mo
$284,950
Median List Price
36
Sold (past 12mo)
61
Avg Days on Market
+5.6%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Sheridan Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Sheridan and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(10)
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For Sale
1/68
$849,900
3486 W Kroman Road, Sheridan, MI 48884
4 bd5 ba5,838 sqft4.50 ac
Single Family
For Sale
1/88
$725,000
4362 S Vickeryville Road, Sheridan, MI 48884
5 bd4 ba9.90 ac
Single Family
For Sale
1/79
$550,000
4485 S Miles Road, Sheridan, MI 48884
4 bd2 ba2,942 sqft40 ac
Single Family
For Sale
1/53
$550,000
3076 Senator Road, Sheridan, MI 48884
2 bd2 ba1,064 sqft36.60 ac
Single Family
For Sale
1/75
$320,000
8884 S Townhall Road, Sheridan, MI 48884
3 bd2 ba3,960 sqft4.83 ac
Single Family
For Sale
1/32
$249,900
3367 Flint Drive, Sheridan, MI 48884
2 bd1 ba700 sqft0.19 ac
Single Family
For Sale
1/30
$225,000
229 S Sherman Street, Sheridan, MI 48884
3 bd1 ba1,298 sqft0.25 ac
Single Family
For Sale
1/22
$225,000
3357 Flint Drive, Sheridan, MI 48884
3 bd1 ba1,590 sqft0.23 ac
Single Family
For Sale
1/14
$125,000
3211 Wood Duck Drive, Sheridan, MI 48884
2 bd2 ba1,120 sqft0.54 ac
Mfg Home
For Sale
1/11
$115,000
1251 E Station Road, Sheridan, MI 48884
3 bd2 ba1,280 sqft3.34 ac
Mfg Home
Recently Sold(36)
Frequently Asked Questions about Sheridan
How many homes are for sale in Sheridan?
There are currently 10 active listings in Sheridan. The median asking price is $284,950.
How much do homes cost in Sheridan?
Based on 36 sales in the past year, homes in Sheridan have a median price of $284,950.
How long do homes stay on the market in Sheridan?
Over the past year, homes in Sheridan spent an average of 61 days on market before selling.
What schools are in Sheridan?
Sheridan is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Sheridan may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Sheridan?
With 3.3 months of inventory, Sheridan is currently a balanced market. This is based on 10 active listings and 36 sales in the past 12 months.
How much are property taxes in Sheridan?
Michigan property taxes in Sheridan are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Sheridan?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Sheridan is +5.6%. Shrinking household sizes (from 2.14 to 2.62 persons per household) have increased the number of households needing housing by 16 since 2009 — independent of the 29.3% population growth. This is a secondary demographic indicator, not a primary market measure.