Sherman
Great schools with outdoor access
6 homes for sale·Median $270K·Walkability 2.3/10·Schools 4.8/10
Most people think of West Michigan townships as bedroom communities or weekend retreats, but Sherman Township is genuinely rural—22,900 acres of land where you're more likely to see open fields than new subdivisions. It sits about an hour northeast of downtown Grand Rapids, which makes it feel removed without being completely disconnected; the nearest grocery is just 2 miles away, and a restaurant is only about a mile down the road if you don't feel like cooking. Homes here run around $265K, so you're getting actual acreage and distance for your money, not dense lots. Road Side Park sits a couple miles out if you want a place to walk or let kids run around, and a coffee shop is doable at 3 miles if you're willing to drive for your caffeine fix. It's the kind of place where your property gives you real breathing room but you're not so far out that basics become a production.
Why people love it here
Daisy Brook Elementary School
- Elementary — 5.2 mi away
- Fremont
- 1 rated school in district
$60K median household income
- $270K median · 29 sales in last 12mo
Near the water
- Pickerel Lake — 0.6 mi
- Crystal Lake: 15 min walk
- Bolen Lake: 8 min bike
Conventional Mortgage Calculator
Median home price in Sherman
Estimated Monthly Payment
$1,833/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
29 homes sold in Sherman this year. Thinking of selling?
See what your home is worthBased on 4 rated schools nearby
Range: 3/10 to 7/10
School District: Fremont Public School District
Flood Risk
None
Not in flood zone
Nearest Park
Road Side Park
2.5 mi
Parks Nearby
0
within 1 mile
Nearest Lake
Pickerel Lake
0.6 mi
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Road Side Park
Crystal Lake
+1 more
Beach in Sherman Super. Plat No.1 Area
LP3
Fremont Cinemas
To buy a median-priced Sherman home (around $270,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $45k/year in household income to qualify — an estimated monthly payment of $1,675 (principal, interest, property tax, and insurance).
The typical Sherman household earns $59,762 — above what the median home requires. At that income, a buyer can afford roughly $375,000 with 20% down.
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,675/mo | $44,656 |
| 10% (+PMI) | $1,946/mo | $51,902 |
| 5% (+PMI) | $2,037/mo | $54,325 |
Estimates use a 6.49% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price and median property taxes, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Land for sale
Listings
1 parcel
Active / pending
Typical Land Value
$25K/acre
Median asking
Median Price
$25K
Per listing
Who actually lends in Sherman, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Homeowners refinancing an existing mortgage
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Local Government
Sherman Township (Newaygo County)
unconfirmed
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$904/yr in electricity from a typical rooftop solar system
Produces ~6,326 kWh/yr · offsets ~60% of a typical home's use
Private well
Rural township; individual private wells
Septic - individual
No municipal sewer; individual septic
Resident-arranged private hauler (Republic Services)
No municipal collection; residents contract haulers
Consumers Energy Co|Great Lakes Energy Coop · ~14.3¢/kWh
Coop rate book lists Sherman Twp in its Newaygo territory
Confirm by addressNo piped natural gas (propane/LP)
Deep-rural; typically propane
Confirm by addressArea fire department (via Newaygo County 911)
Rural fire coverage dispatched through county
Source: newaygocountymi.gov
Utility, solar, and service details for Sherman are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
Median Income
$60K
Home Value (Census)
$238K
Frequently asked about Sherman
- What do homes cost in Sherman?
- The median home value in Sherman is about $270,000. Individual prices vary by street, size, and condition.
- How active is the Sherman housing market?
- there are 6 homes for sale in Sherman right now, and 29 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Sherman?
- Sherman is served by Fremont Public School District. Its highest-rated assigned school is Daisy Brook Elementary School (7/10).
- Is Sherman walkable?
- Sherman scores 2.3/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
