Sherwood, MI Housing Market

Homes for sale | City guide

The Sherwood housing market is somewhat competitive. The median sale price of a home in Sherwood was $100K last month, up 21.2% since last year. The median sale price per square foot in Sherwood is $59, up 112.5% since last year.

Trends
Demand
Schools
Climate

Sherwood Housing Market Trends

What is the housing market like in Sherwood today?

In October 2024, Sherwood home prices were up 21.2% compared to last year, selling for a median price of $100K.

$72.5K

Sale Price

+184.3%
since last year

$59

Sale $/Sq. Ft.

+112.5%
since last year

Under List Price

5.7%

Days on Market

30.5

Down Payment

15.0%

Total Homes Sold

To compare other locations to the Sherwood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Detroit add value to a home.

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How hot is the Sherwood housing market?

Sherwood is somewhat competitive. Homes sell in 30.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 31 days.
Hot homes
can sell for around list price and go pending in around 12 days.

Compare With Nearby Neighborhoods

East Detroit

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 32 days.
Hot homes
can sell for about 3% above list price and go pending in around 10 days.

See more nearby cities and neighborhoods

View houses in Sherwood that sold recently

Recently sold homes

SOLD DEC 11, 2024
$25,000 Last Sold Price
2 beds
1 bath
576 sq ft
20493 Carrie St, Detroit, MI 48234
(586) 727-7507
List Price
$25,000
Sale to List
0% over list
Days on Market
286 days
20493 Carrie St, Detroit, MI 48234
SOLD NOV 11, 2024
$57,000 Last Sold Price
3 beds
1.5 baths
1,263 sq ft
20447 Spencer St, Detroit, MI 48234
List Price
$65,000
Sale to List
12% under list
Days on Market
40 days
20447 Spencer St, Detroit, MI 48234
SOLD NOV 8, 2024
$88,000 Last Sold Price
3 beds
1.5 baths
1,176 sq ft
19965 Rogge St, Detroit, MI 48234
List Price
$90,000
Sale to List
2% under list
Days on Market
67 days
19965 Rogge St, Detroit, MI 48234
SOLD OCT 31, 2024
$32,340 Last Sold Price
3 beds
1 bath
900 sq ft
20495 Concord St, Detroit, MI 48234
List Price
$32,340
Sale to List
0% over list
Days on Market
20 days
20495 Concord St, Detroit, MI 48234
SOLD OCT 28, 2024
$115,000 Last Sold Price
3 beds
1.5 baths
1,248 sq ft
20186 Spencer St, Detroit, MI 48234
List Price
$109,900
Sale to List
5% over list
Days on Market
48 days
20186 Spencer St, Detroit, MI 48234
SOLD OCT 25, 2024
$100,000 Last Sold Price
3 beds
1 bath
1,439 sq ft
20251 Spencer St, Detroit, MI 48234
List Price
$89,900
Sale to List
11% over list
Days on Market
163 days
20251 Spencer St, Detroit, MI 48234
SOLD OCT 18, 2024
$26,000 Last Sold Price
3 beds
2 baths
1,071 sq ft
20246 Helen St, Detroit, MI 48234
List Price
$30,000
Sale to List
13% under list
Days on Market
7 days
20246 Helen St, Detroit, MI 48234
SOLD OCT 4, 2024
$104,500 Last Sold Price
3 beds
1.5 baths
1,437 sq ft
20446 Stotter St, Detroit, MI 48234
List Price
$104,000
Sale to List
0% over list
Days on Market
57 days
20446 Stotter St, Detroit, MI 48234
See all recently sold homes in Sherwood.
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Schools in Sherwood

Learn about schools in the Sherwood area

Elementary
Middle
High

GreatSchools Rating

2/10

Marion Law Academy

Public • PreK-8

407

Students

3 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Sherwood housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Sherwood.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

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New Listings in Sherwood

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