In June 2017, there were six homes sold, with a median sale price of $230,000 - a 28.6% increase over the $178,875 median sale price for the same period of the previous year. There were four homes sold in Sheridan in June 2016.
The median sales tax in Sheridan for 2017 was $3,375. In 2016, the median sales tax was $3,315. This marks an increase of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.
The following table compares Sheridan to other LaSalle County cities with similar median sales prices in June 2017:
| City | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sheridan | 6 | 4 | 50% | $230,000 | $178,875 | 28.6% |
| Lake Holiday | 10 | 8 | 25% | $213,000 | $264,987.50 | -19.6% |
| North Utica | 2 | 1 | 100% | $192,500 | $76,000 | 153.3% |
| Earlville | 3 | 3 | 0% | $143,000 | $122,000 | 17.2% |
| Seneca | 4 | 8 | -50% | $140,500 | $128,750 | 9.1% |
| Leland | 4 | 1 | 300% | $136,977.50 | $170,000 | -19.4% |
| Grand Ridge | 2 | 1 | 100% | $128,250 | $60,000 | 113.8% |
| Ottawa | 44 | 37 | 18.9% | $127,000 | $104,000 | 22.1% |
| Peru | 17 | 22 | -22.7% | $120,000 | $127,500 | -5.9% |
| Somonauk | 1 | 0 | - | $112,500 | $0 | - |
| Mendota | 9 | 8 | 12.5% | $111,000 | $98,000 | 13.3% |
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