Sherman, Fairfield County, CT

Median Home Price Price

$672,814 $672.8K

Median Monthly Rent Rent

$2,761 $2.8K

20.0x

Market Snapshot

Sherman, Fairfield County, CT is a city market with a median home price of $672,814, a median monthly rent of $2,761, a GRM of 20.0x, and a price-to-rent ratio of 20.3.

More markets to explore

01 New Fairfield, Fairfield County, CT
Top recommendation Nearby alternative Lower GRM Lower price Lower rent Rent momentum
High confidence
Price $551.7K
Rent $2.4K
GRM 19.0x
Explore the data
Region Show
New Fairfield
$552K $2.4K 19.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Colebrook, Litchfield County, CT
$375K $1.7K 18.0x
Westbrook, Middlesex County, CT Explore deeper
$536K $1.7K 26.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Brant Lake, Warren County, NY
$402K $1.3K 26.0x
Oak View, Ventura County, CA
$864K $2.7K 26.0x
Laconia, Belknap County, NH Explore deeper
$409K $1.5K 23.0x

Home prices

Monthly rent

GRM = home price / annual rent

Sherman

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Benchmark comparison

Rent in Sherman, CT is 16.9% higher than New Fairfield, CT.

Compare to New Fairfield, CT
Sherman, CT
New Fairfield, CT
Delta
Median rent
$2,761
$2,362
-$399
Median price
$672,814
$551,737
-$121,077
YoY change
+$80
+$138
+$58
Price-to-rent
20.3x
19.5x
-0.8x

Key takeaways

  • Sherman, Fairfield County, CT has a higher-grm screening profile: At 20.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $80 year over year.
  • Rent in Sherman, CT is 16.9% higher than New Fairfield, CT.