Sherwood Real Estate
2 active listings · 15 sold in the past 12mo
$234,450
Median List Price
15
Sold (past 12mo)
68
Avg Days on Market
+7.3%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Sherwood Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Sherwood and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(2)
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For Sale
1/15
$239,900
881 Brent Drive, Sherwood, MI 49089
3 bd1 ba1,160 sqft1.60 ac
Single Family
For Sale
1/15
$229,000
890 Lilac Lane, Sherwood, MI 49089
3 bd2 ba1,176 sqft0.91 ac
Single Family
Recently Sold(15)
| Address | Sold Price | Date Sold |
|---|---|---|
| 512 Athens Road, Sherwood, MI 49089 | $341,500 | Jun 1, 2026 |
| 1102 Oliverda Road, Sherwood, MI 49089 | $430,000 | Jan 8, 2026 |
| 140 W Clay Street, Sherwood, MI 49089 | $25,000 | Dec 18, 2025 |
| 115 W Division Street, Sherwood, MI 49089 | $55,000 | Dec 16, 2025 |
| 796 W Girard Road, Sherwood, MI 49089 | $110,000 | Nov 24, 2025 |
| 100 Tuttle Park Drive, Sherwood, MI 49089 | $96,000 | Sep 18, 2025 |
| 1155 Dunks Road, Sherwood, MI 49089 | $169,000 | Sep 16, 2025 |
| 367 Dotson Drive, Sherwood, MI 49089 | $150,000 | Sep 14, 2025 |
| 1209 Wattles Road, Sherwood, MI 49089 | $207,800 | Sep 2, 2025 |
| 204 W Clay Street, Sherwood, MI 49089 | $135,000 | Aug 20, 2025 |
| 236 Tuttle Park Drive, Sherwood, MI 49089 | $124,200 | Aug 13, 2025 |
| 1097 Oliverda Road, Sherwood, MI 49089 | $175,000 | Aug 7, 2025 |
| 170 Tuttle Park Drive, Sherwood, MI 49089 | $80,000 | Aug 7, 2025 |
| 366 Dotson Drive, Sherwood, MI 49089 | $289,000 | Aug 7, 2025 |
| 581 Athens Road, Sherwood, MI 49089 | $50,000 | Aug 4, 2025 |
Frequently Asked Questions about Sherwood
Are there homes available in Sherwood right now?
Buyers in Sherwood can choose from 2 active listings. The median asking price is $234,450.
What is the median home price in Sherwood?
The median sale price in Sherwood is $234,450, based on 15 closed sales over the past 12 months.
How fast do homes sell in Sherwood?
Homes in Sherwood sell in an average of 68 days, based on 15 sales over the past 12 months.
What school districts serve Sherwood?
Multiple school districts may serve Sherwood. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Sherwood a buyer's or seller's market?
Sherwood is currently a seller's market, with 1.6 months of supply. That ratio comes from 2 active listings relative to 15 sales per year.
How are property taxes calculated in Sherwood?
Property taxes in Sherwood are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What does demographic data show about housing demand in Sherwood?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Sherwood is +7.3%. Shrinking household sizes (from 3.09 to 3.06 persons per household) have increased the number of households needing housing by 9 since 2009 — independent of the 6.3% population growth. This is a secondary demographic indicator, not a primary market measure.