The median home in Sheridan, Illinois is valued at $283,989, up 5.2% year over year. Sheridan is part of the Ottawa, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Ottawa, IL stress score, crash risk, and 12-month forecast →

Home Value$283,989

+5.2%

AFFORDABILITY

Enter your income for Sheridan.

Income (annual)

Down Payment

$56,798 on $283,989

Stretch — 33.8% of income

Above 28% but manageable with cuts.

PITI$2,114

P/I33.8%

Afford$235K

Gap-$49K

P&I $1,436Tax $528Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Sheridan with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Ottawa, IL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Ottawa, IL metro.

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SHERIDAN, IL