The median value of housing in 97140 Sherwood, OR is $611,700, which is significantly higher than the national median house value of $338,100. While the US has seen a 1 year house appreciation rate of 8.27%, Sherwood's rate stands at 7.02%. This suggests that the housing market in Sherwood may be cooling off slightly compared to other markets across the country.
The median home cost in Sherwood (zip 97140) is $611,700. Home appreciation the last 10 years has been 142.7%. Home Appreciation in Sherwood (zip 97140) is up 13.1%.
Average Age of Homes
- The median age of Sherwood (zip 97140) real estate is 21 years old
The Rental Market in Sherwood (zip 97140)
- Renters make up 22.2% of the Sherwood (zip 97140) population
- 0.8% of houses and apartments in Sherwood (zip 97140), 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.