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Sherrill

Learn about the people, housing, costs and businesses in Sherrill, Arkansas

Median Home$72,900
Median Rent$758/month
Population43
Leading IndustriesAgriculture & Mining · Construction · Manufacturing17% agriculture & mining
Home Value Growth+9.2% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners72% of occupied units
NotableAffordable Market$73k median home · lower cost than 98% of the country
Sherrill
AR

Frequently Asked Questions

What are today's mortgage rates in Sherrill?

As of today, the 30-year fixed mortgage rate for Sherrill is approximately 6.992% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sherrill?

The median home value in Sherrill is $73k. The median monthly rent is $758. Annual property taxes average $512. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sherrill?

Home values in Sherrill have increased 9.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Sherrill?

Based on a typical all-in ownership cost of $505/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sherrill is $43k/year.

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What industries drive the economy in Sherrill?

The largest employment sectors in Sherrill are public administration (19%) and agriculture and mining (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.