Housing in Sherwood, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$40,000

Median List Price

$55,000

Price Per Sq Ft

$36

Days on Market

102

Active Inventory

N/A

Zillow Home Value

$144,565

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 87.4%List Price 74.4%Oct 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

100.0%

Sale-to-List Ratio

93.1%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
100.0%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

1

Pending Sales

1

Homes Sold 100.0%New Listings 50.0%Pending 0.0%Oct 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$36

Median List $/SF

$62

Sale $/SF 76.2%List $/SF 48.3%Oct 24Dec 25

Sherwood vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Sherwood is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$72,500

Median Rent

$738

Total Housing Units

134

Vacancy Rate

5.2%

Owner Occupied

87.4%

Renter Occupied

12.6%

Median Property Tax

$929

per year

Monthly Cost (w/ Mortgage)

$477

Housing Types

Single Family
85.1%
Multi-Family
0.0%
Mobile Home
14.9%

The current median sale price in Sherwood, MI is $40,000 according to Redfin data. Homes spend a median of 102 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $36. The median rent is $738 per month (Census ACS). About 87.4% of housing units are owner-occupied. The median year homes were built is 1938. There are 134 total housing units.