What is the median home value in Sheridan Charter Township, MI?
The median value of owner-occupied homes in Sheridan Charter Township, MI is $183,300 (±$11,656), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Sheridan Charter Township, the median home value went from $155,500 in 2015–2019 to $183,300 in 2020–2024 (+17.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $183,300 (±$11,656)
- Owner-occupied homes
- 846 (±85)
- Most common range
- $150,000 to $199,999
Home values in Sheridan Charter Township
| Value | Sheridan Charter Township | Newaygo County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.7% (±2.2 points) | 10.2% | 7.6% | 5.3% |
| $50,000 to $99,999 | 7.6% (±3.3 points) | 10.2% | 9.2% | 6.1% |
| $100,000 to $149,999 | 17.4% (±5.7 points) | 15.2% | 10.6% | 6.8% |
| $150,000 to $199,999 | 31.2% (±8.2 points) | 18.4% | 14.1% | 9.0% |
| $200,000 to $299,999 | 20.6% (±6.1 points) | 23.7% | 23.4% | 17.8% |
| $300,000 to $499,999 | 13.2% (±4.3 points) | 16.2% | 24.1% | 26.9% |
| $500,000 to $999,999 | 5.9% (±2.5 points) | 5.3% | 9.2% | 20.9% |
| $1,000,000 or more | 1.4% (±1.5 points) | 0.8% | 1.6% | 7.1% |
The most common range is $150,000 to $199,999, 31.2% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Sheridan Charter Township against Newaygo County, its state and the nation
| Sheridan Charter Township | Newaygo County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $183,300 (±$11,656) | $186,700 (±$7,057) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 846 (±85) | 17,007 (±364) | 2,984,190 (±12,886) | 84,210,142 |
In Sheridan Charter Township, the median home value is not measurably different from Newaygo County ($186,700).
It is also lower than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Newaygo County, Sheridan Charter Township ranks 12 of 28 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 862 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Sheridan Charter Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $155,500 (±$15,431) | $183,300 (±$11,656) | +17.9% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,191 (±$95) | $1,406 (±$100) | +18.1% | No measurable change after inflation |
| Median real estate taxes | $2,148 (±$169) | $2,375 (±$271) | +10.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Sheridan Charter Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Sheridan Charter Township | — | $183,300 (±$11,656) | — |
| Fremont | 3.4 mi | $194,700 (±$15,918) | Not measurably different |
| Holton Township | 5.3 mi | $186,300 (±$33,453) | Not measurably different |
| Bridgeton Township | 5.6 mi | $183,100 (±$24,292) | Not measurably different |
| Garfield Township (Newaygo County) | 6.2 mi | $250,700 (±$42,773) | Higher |
| Dayton Township (Newaygo County) | 6.7 mi | $251,900 (±$41,842) | Higher |
| Cedar Creek Township (Muskegon County) | 7.9 mi | $224,600 (±$23,409) | Higher |
| Greenwood Township (Oceana County) | 8.0 mi | $186,500 (±$47,773) | Not measurably different |
| Ashland Township | 8.5 mi | $179,800 (±$25,190) | Not measurably different |
Nearby places with a measurably higher figure: Garfield Township (Newaygo County), MI ($250,700), Dayton Township (Newaygo County), MI ($251,900), Cedar Creek Township (Muskegon County), MI ($224,600).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Newaygo County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 6 | Sherman Township (Newaygo County) | $240,400 (±$37,055) |
| 7 | Grant Township (Newaygo County) | $221,100 (±$33,010) |
| 8 | Goodwell Township | $218,800 (±$35,967) |
| 9 | Croton Township | $216,700 (±$20,321) |
| 10 | Barton Township | $207,000 (±$39,847) |
| 11 | Fremont | $194,700 (±$15,918) |
| 12 | Sheridan Charter Township | $183,300 (±$11,656) |
| 13 | Bridgeton Township | $183,100 (±$24,292) |
| 14 | Ashland Township | $179,800 (±$25,190) |
| 15 | Home Township (Newaygo County) | $174,500 (±$49,684) |
| 16 | Beaver Township (Newaygo County) | $167,600 (±$14,815) |
| 17 | White Cloud | $165,900 (±$24,690) |
| 18 | Everett Township | $164,200 (±$13,759) |
Showing 13 of 28 places in Newaygo County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Sheridan Charter Township
What is the average home value in Sheridan Charter Township, MI?
The Census Bureau publishes the median: $183,300 (±$11,656) for owner-occupied homes in Sheridan Charter Township (2020–2024 American Community Survey).
Have home values in Sheridan Charter Township gone up?
In Sheridan Charter Township, the median home value went from $155,500 in 2015–2019 to $183,300 in 2020–2024 (+17.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Sheridan Charter Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Sheridan charter township, Newaygo County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Sheridan charter township, Newaygo County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Sheridan charter township, Newaygo County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Sheridan charter township, Newaygo County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Sheridan charter township, Newaygo County, Michigan (county subdivision:73120, in state:26 county:123).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Sheridan Charter Township at a glance
- Income and affordability in Sheridan Charter Township
- Homeowner costs in Sheridan Charter Township
- Property taxes in Sheridan Charter Township
- Types of homes in Sheridan Charter Township
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- Age of homes in Sheridan Charter Township
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- Population growth in Sheridan Charter Township
- How long people stay in Sheridan Charter Township
- Michigan landlord and tenant rules
- Housing across Newaygo County
- Michigan places ranked by median home value
- Housing data for every place in Michigan