Sherwood, MI Home Values & Market Trends
Real estate market trends reflect that there have been 13 transactions over the past year in Sherwood. The median value for residential home transactions that occurred over the previous year is $173,194. The number of current listings in Sherwood is 24, and the percentage of properties for sale in the city is 24.00%. Sherwood, MI currently has 4 properties in foreclosure, 2 bank owned properties, 2 properties headed for auction, and 24 properties for sale.
Sherwood, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 49089 | $ 173,194 $ 102/sqft |
Housing Market Summary for Sherwood, MI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $142.5K | $135K | -5.26% |
| Median Sold Price | $175.1K | $116.7K | -33.35% |
| Homes For Sale | 27 | 24 | -11.11% |
| Homes Sold | 15 | 9 | -40.00% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Sherwood, MI
Browse Homes in Sherwood, MI
Sherwood home values range from $25,795 to $679,999. The median estimated value of a home in Sherwood is $173,194. The median list price of a home is 135,000, and the total count of properties in the city is 41.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Sherwood, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Sherwood, MI; of that zips, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Sherwood, MI ranges from the highest value of $100,218 in 49089 to the lowest value of $54,900 in 49089. Bank owned homes and properties account for 4.88% of properties in Sherwood, MI. There is 1 zips within Sherwood, MI; 49089 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions49089 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Sherwood, MI. Auction homes and other auction properties account for 4.88% of all properties in Sherwood, MI. There is 1 zips within Sherwood, MI; of that zips, the median estimated home value for homes going to auction ranges from $134,584 in 49089 to the lowest value of $134,584 in 49089.
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Guide for Sherwood, MI
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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