49089 Home Values & Market Trends

There are 24 homes currently listed for 49089. 49089 real estate market trends show that home prices range from $17,000 to $679,999, and the median sales price in the 49089 zip code is $173,194. The total number of properties sold within the past twelve months is 13. In 49089, 4 properties are in foreclosure, 2 are bank owned properties,and 2 are headed for auction.

49089 Real Estate Market Overview

CityMedian Est. Value
Sherwood

$ 173,194

$ 102/sqft

Housing Market Summary for 49089

Sep 2025September 2026Change
Median Listing Price$142.5K$135K-5.26%
Median Sold Price$175.1K$116.7K-33.35%
Homes For Sale2724-11.11%
Homes Sold159-40.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 49089

The median list price of a home in Sherwood, is $173,194. A total of 24 properties are for sale, and the percentage of properties for sale in the zip code is 24.00%. The total count of 49089 properties is 41.

Foreclosure
There is 1 cities within 49089; within this cities, the median estimated home value for homes in foreclosure ranges from $134,584 in sherwood to the lowest value of $54,900 in sherwood. Foreclosure homes account for 9.00% of properties in 49089 with sherwood containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 49089 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 49089; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 49089 ranges from the highest value of $100,218 in sherwood to the lowest value of $54,900 in sherwood. Bank owned homes and properties account for 4.88% of properties in 49089. There is 1 cities within 49089; sherwood containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    sherwood has 2 auction properties, the highest number of properties going to auction in a single city in the state of 49089. Auction homes and other auction properties account for 4.88% of all properties in 49089. There is 1 cities within 49089; of that cities, the median estimated home value for homes going to auction ranges from $134,584 in sherwood to the lowest value of $134,584 in sherwood.
Homes for Sale
Homes and properties that are actively listed for sale account for 58.54% of residential properties in 49089 with sherwood containing 24 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 49089; homes for sale in that cities, have a range of median values from $679,999 in sherwood to the lowest value of $25,795 in sherwood.
    Sold Homes
    The median value for recently sold homes ranges from $197,932 in sherwood to the lowest price of $49,240 in sherwood. There is 1 cities within 49089. sherwood has 9 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 21.95% of properties in 49089.

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      Guide for 49089

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.