The housing market in Sherwood, AR is quite strong with the median house value being $206,100. This is significantly lower than the US median value of $338,100. Despite this gap in value, the appreciation rate for homes in Sherwood has been 9.98% over the last year compared to 8.27% across the United States, indicating a growing demand for homes in Sherwood and a healthy housing market overall.
The median home cost in Sherwood is $206,100. Home appreciation the last 10 years has been 52.7%. Home Appreciation in Sherwood is up 18.5%.
Average Age of Homes
- The median age of Sherwood real estate is 33 years old
The Rental Market in Sherwood
- Renters make up 29.5% of the Sherwood population
- 1.8% 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.