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SHERIDAN, MI 48884

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SHERIDAN, MI real estate market (48884) currently shows 6 active listings, with 4 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 28 days on market compared to 67 days last year.

The median listing price has risen 16.4% year-over-year, from $219,000 to $254,900.

Whether you are buying or selling in SHERIDAN, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 5,009  ·  Density: 31.5/mi²  ·  Median household income: $61,830

Typical home value: $154,540  ·  Homeownership: 92.7%

Market Overview

Active Listings
6
⇩ 45.5% vs 11 last year
Pending
4
67% pending ratio
Median Price
$254,900
⇧ 16.4% vs $219,000 last year
Average Price
$269,100
⇧ 26.7% vs $212,402 last year
Days on Market
28
⇩ 58.2% vs 67 days last year

Price Per Square Foot

Median $/sqft
$222
⇧ 101.8% vs $110/sqft last year
Median Home Size
1,239 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 11 last year
  • Days on market: 28 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $254,900 (+16.4% YoY)
  • Average: $269,100 (+26.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.1 miles — 120 listings ($51,241,955 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48884Sheridan, MI 488840.0 mi8$1,915,400$238,850$239,425
48885Sidney, MI 488855.8 mi1$196,000$196,000$196,000
48888Stanton, MI 488887.5 mi12$3,922,200$298,450$326,850
48865Orleans, MI 488658.9 mi5$2,166,665$375,000$433,333
48838Greenville, MI 4883811.1 mi39$15,625,194$339,650$400,646
48860Muir, MI 4886012.7 mi2$850,000$425,000$425,000
49326Gowen, MI 4932614.3 mi7$8,443,519$454,950$1,206,217
48809Belding, MI 4880914.7 mi25$10,004,350$325,000$400,174
48856Middleton, MI 4885615.4 mi1$235,000$235,000$235,000
48877Riverdale, MI 4887716.7 mi3$529,200$176,400$176,400
48873Pewamo, MI 4887317.2 mi1$109,000$109,000$109,000
48871Perrinton, MI 4887118.7 mi5$2,449,900$384,999$489,980
48850Lakeview, MI 4885019.1 mi11$4,795,527$249,900$435,957

Frequently Asked Questions

How many homes are for sale in SHERIDAN, MI 48884?

As of February 2026, there are 6 active listings in SHERIDAN, MI (zip code 48884), compared to 11 the prior year.

What is the median home price in SHERIDAN, MI 48884?

The median listing price in SHERIDAN, MI 48884 is $254,900 as of February 2026, a 16.4% increase from $219,000 the prior year.

How long do homes stay on the market in SHERIDAN, MI?

Homes in SHERIDAN, MI 48884 spend an average of 28 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in SHERIDAN, MI 48884?

Based on current inventory and days-on-market data as of February 2026, SHERIDAN, MI 48884 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 67 days last year.

How much can I save on real estate commission in SHERIDAN, MI?

With SELL123.com's maximum 3% commission, sellers in SHERIDAN, MI 48884 save an estimated $5,098 compared to a typical 5% commission on the median listing price of $254,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.