Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$289,987+4.0% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$62,863About 0.9× the local median income ($68,339): affordable for a typical household
Days on market141 daysSlower than a year ago: buyers have time to negotiate
The typical home in Sherman County, OR is worth $289,987, up 4.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $221,509, so the area is 30.9% overvalued. It is a balanced market, leaning toward sellers: homes take about 141 days to sell, listings are down 38% from a year ago, 0% of listings have had a price cut. A household needs about $62,863 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,339. In the latest IRS figures, 27 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$289,987
Change in 1 year
+4.0%
Overvalued %
+30.9%
Show 6 more
Fair home value
$221,509
Change in 5 years
+21.4%
Home value to income
4.2×
Monthly mortgage payment (20% down)
$1,572
Income needed to afford it
$62,863
Property tax rate
0.75%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,214
Market activity
Listings vs a year ago
−37.5%
Days on market
141
Listings with a price cut
0.0%
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Homes for sale
5
Pending sales per 100 listings
40
Asking price per sq ft
$213
People and jobs
Median household income
$68,339
Population change (1 year)
+1.8%
Unemployment rate
1.0%
Show 4 more
Population
2,051
Income adjusted for cost of living
$70,308
Net moves in (IRS)
−27
Cost of living (US = 100)
97.2
Schools, risk and environment
School rating (1 to 10)
7.0
FEMA hazard risk score (0 to 100)
2.9
Flood risk score
4.6
Show 3 more
Wildfire risk score
90.2
Walkability (1 to 20)
6.1
Road, rail and air noise
54 dB
Questions people ask
Is Sherman County, OR overvalued?
Home prices in Sherman County, OR are well above what local incomes have historically supported: fair value is about $221,509, so the area is 30.9% overvalued.
Is Sherman County, OR a buyer's or seller's market?
Sherman County, OR is a balanced market, leaning toward sellers: homes take about 141 days to sell, listings are down 38% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Sherman County, OR?
Home values in Sherman County, OR are up 4.0% over the last year.
How much do you need to earn to buy a home in Sherman County, OR?
A household needs about $62,863 a year to afford the typical home in Sherman County, OR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,339.