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Sheridan, IL Home Values and Rents

The typical home value in Sheridan is $298,945, 341st highest of 696 cities and towns in Illinois. Median rent is $1,070 a month.

Typical home value
$298,945
341st of 696 in IL
Median rent
$1,070/mo
ACS 2020-2024
Price change, 1 year
+4.8%
Sep 2026
Homeownership
78.8%
IL: 67.1%

Typical home value in Sheridan

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodSheridan
Sep 2026$298,945
Dec 2025$289,864
Dec 2024$275,913
Dec 2023$260,035
Dec 2022$253,416
Dec 2021$240,844
Dec 2020$212,962
Dec 2019$194,882
Dec 2018$183,581
Dec 2017$175,706
Dec 2016$165,628
Dec 2015$162,329
Dec 2014$153,038
Dec 2013$155,058
Dec 2012$154,391

Over five years, Sheridan prices changed +29.3%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for La Salle County, IL

IL rents
Unit sizeMonthly rentvs FY2026
Studio$733-5.1%
1 bedroom$804-2.2%
2 bedrooms$1,052-2.5%
3 bedrooms$1,369-5.0%
4 bedrooms$1,688-0.8%

Frequently asked questions

What is the typical home value in Sheridan, IL?
The typical home value in Sheridan is $298,945 (Zillow Home Value Index, Sep 2026). The Illinois median is $263,300.
How much is rent in Sheridan?
The median rent in Sheridan is $1,070 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,052.
Are home prices going up in Sheridan?
The typical home value in Sheridan changed +4.8% over one year and +29.3% over five years, as of Sep 2026.
How does Sheridan compare with the rest of Illinois?
Sheridan has the 341st highest median home value of 696 cities and towns with 1,000+ residents in Illinois.