Housing in Sherwood, OR is significantly more expensive than the US median value. The median value of a house in Sherwood is $604,700 compared to the US median of $338,100. Despite this increase in cost, the one year appreciation rate for housing in Sherwood is still slightly lower than the national average – 7.02% compared to 8.27%. This means that while homes may be pricier in Sherwood, they have still seen an increase in value similar to other parts of the country over the past year.
The median home cost in Sherwood is $604,700. Home appreciation the last 10 years has been 142.7%. Home Appreciation in Sherwood is up 13.1%.
Average Age of Homes
- The median age of Sherwood real estate is 19 years old
The Rental Market in Sherwood
- Renters make up 24.7% of the Sherwood population
- 0.9% of houses and apartments in Sherwood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.