Sherman, WI housing market
Home prices around Sherman have risen about 74% over the past 5 years.
Home values, sales, trends and how Sherman compares with the towns next door — updated as new data is published.
Home prices up 74% in 5 years
The federal house price index for the ZIP codes around Sherman rose 74% over the past 5 years, faster than across Wisconsin (57%). Last year prices rose 15%.
Show as a table
| Year | Change that year | Since 2000 | Wisconsin since 2000 |
|---|---|---|---|
| 2025 | +15% | +144% | +143% |
| 2024 | +0.4% | +112% | +131% |
| 2023 | +7.7% | +111% | +116% |
| 2022 | +31% | +96% | +95% |
| 2021 | +6.5% | +50% | +70% |
| 2020 | +0.9% | +40% | +54% |
| 2019 | +10% | +39% | +50% |
| 2018 | −2.6% | +26% | +43% |
| 2017 | +6.2% | +30% | +36% |
| 2016 | +2.5% | +22% | +29% |
| 2015 | +4.9% | +19% | +24% |
| 2014 | −8% | +13% | +21% |
| 2013 | −0.1% | +23% | +19% |
| 2012 | −5.1% | +23% | +19% |
| 2011 | −3.2% | +30% | +21% |
| 2010 | −4.3% | +34% | +25% |
| 2009 | −4.4% | +40% | +31% |
| 2008 | +2.3% | +47% | +36% |
| 2007 | −1.3% | +44% | +38% |
| 2006 | +11% | +45% | +36% |
| 2005 | +4.6% | +31% | +32% |
| 2004 | +7.4% | +25% | +21% |
| 2003 | +5.8% | +17% | +13% |
| 2002 | +3.5% | +10% | +9.3% |
| 2001 | +6.6% | +6.6% | +5.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 54552, 54547, 54538, covering 88% of Sherman’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Sherman and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Sherman | — | +14.9%† | $990 | — | $60,063 |
| Mercer | $317K | +8.7% | $1,130 | — | $63,281 |
| Lac du Flambeau | $484K | +5.5% | $990 | 2 | $57,009 |
| Agenda | — | — | $970 | 0 | $104,500 |
| Manitowish Waters | $756K | +15.8% | $1,280 | 16 | $71,932 |
| Fifield | $218K | +11.4% | $970 | — | $59,205 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $990
HUD's Fair Market Rent for a two-bedroom in Sherman is $990 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $740 · 4 bedrooms $1,360
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54538, 54547, 54552; Iron County, WI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.