Housing in Sherwood, OH is a great investment for potential homeowners. The median value of homes in the area is $135,600, which is significantly lower than the US median home value of $338,100. This could potentially mean that the local housing market in Sherwood has become more affordable for potential buyers. Additionally, the one-year house appreciation rate for the area is 7.61%, just slightly below the national average of 8.27%. All signs indicate that now may be a great time to invest in a home in Sherwood.
The median home cost in Sherwood is $135,600. Home appreciation the last 10 years has been 68.5%. Home Appreciation in Sherwood is up 13.4%.
Average Age of Homes
- The median age of Sherwood real estate is 78 years old
The Rental Market in Sherwood
- Renters make up 24.9% of the Sherwood population
- 0.0% 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.