Sheridan, MI Real Estate
According to census data in the year 2000 there were 322 housing units in Sheridan.
This represents a 14.2% growth from 282 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 322 were located in what is classified as a rural area.
Homeownership rate in Sheridan is about 72.4%.
Sheridan's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Sheridan were built after 1962.
|Housing Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.83|
|Median year structure was built||1956|
|Median Value of occupied units||$74,400|
|Median Price asked for vacant units||$52,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.4|
|Median year structure was built||1990|
|Median Monthly Rent asked for vacant units||$188|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||3.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.8%|