Sherman County, Nebraska Housing Market
In Sherman County, Nebraska, the median home value is $152,000, with a median monthly rent of $818. This places Sherman County at #2196 nationally out of 3134 counties by median home value, and #53 within Nebraska.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $746
- Establishments: 87
- BLS QCEW, 2025
Housing Supply
- Single-family: 11
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,231 (avg $53,184)
- Outflow: 1,182 (avg $53,632)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Sherman County Compares
| Metric | Sherman County | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $152,000 | $164,635 | $227,706 |
| Median Gross Rent | $818 | $796 | $968 |
| Owner Occupancy Rate | 75.4% | 74.0% | 73.3% |
| Price/Rent Ratio | 15.5 | 17.2 | 18.7 |
Market Analysis
The median home value in Sherman County is 7.7% below the Nebraska state average and 33.2% below the U.S. national average. The median rent of $818/month is 2.8% above the state average.
With a price-to-rent ratio of 15.5, the buy-vs-rent decision in Sherman County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Sherman County has an owner-occupancy rate of 75.4%, compared to 74.0% in Nebraska and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Van Wert County | Ohio | $152,000 | $782 |
| Covington County | Alabama | $152,100 | $746 |
| Columbia County | Arkansas | $152,100 | $649 |
| Montgomery County | Arkansas | $151,900 | $636 |
| Aurora County | South Dakota | $151,900 | $747 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Cherry County | $152,200 | $916 | 61.4% |
| Fillmore County | $151,000 | $716 | 80.4% |
| Dawes County | $150,900 | $900 | 61.8% |
| Frontier County | $149,800 | $666 | 74.0% |
| Valley County | $154,600 | $626 | 73.8% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).