Zip 49089 (Sherwood, MI) Housing

The housing in 49089 Sherwood, MI is quite a bit more affordable than the US median at $123,000 which is about a 64% difference. Despite the lower cost, it has seen an impressive 1 year appreciation of 10.54%, much higher than the US average of 8.27%. This shows that Sherwood is experiencing strong real estate growth, and could be a great place to invest for those looking for a great deal on their property.

The median home cost in Sherwood (zip 49089) is $123,000. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Sherwood (zip 49089) is up 14.9%.

Average Age of Homes

- The median age of Sherwood (zip 49089) real estate is 62 years old

The Rental Market in Sherwood (zip 49089)

- Renters make up 8.0% of the Sherwood (zip 49089) population
- 0.0% of houses and apartments in Sherwood (zip 49089), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sherwood, Michigan	United States
	787.0	139,647,020.0
	59	42
	$123,000	$338,100
	14.9%	16.6%
	56.2%	57.0%
	90.4%	101.1%
	$12.38	$10.98
	$1,406	$2,690
	65.2%	57.4%
	16.6%	11.2%
	18.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.5%	0.7%
	0.0%	0.4%
	10.2%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	7.4%	2.6%
	7.6%	2.4%
	8.2%	2.8%
	7.4%	3.9%
	6.6%	4.5%
	29.4%	11.3%
	14.8%	13.0%
	8.4%	20.1%
	1.2%	13.6%
	3.7%	8.3%
	0.6%	9.7%
	0.8%	3.9%
	0.0%	2.2%
	3.9%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.7%	13.6%
	2.7%	13.6%
	11.8%	13.6%
	9.1%	13.2%
	22.2%	14.8%
	11.8%	13.6%
	7.8%	10.0%
	8.0%	4.7%
	33.0%	12.2%

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