$30,000
1.00 Acres
Land
Listing Office: Sam Switzer Realty LLC
Is Sherwood, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sherwood was a Neutral Market.
Key Takeaway
Sherwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sherwood, OH
How much do homes in Sherwood, OH cost?
Median Sold Price
$116,000
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$27,000(-18.9%)
Key Takeaway
Homes in Sherwood have sold for 18.9% less than they did a year ago.
Summary: The median home sold price in Sherwood was $116,000 in October 2024, down 18.9% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $66K | $89.9K | +36.3% |
| 3 Bedrooms | $150K | $117K | -22.0% |
| 4 Bedrooms | $275K | $123.5K | -55.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Sherwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.3%, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 55.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Delaware Township | $400K | $412K | +3.0% |
| Sherwood | $143K | $116K | -18.9% |
Housing Supply in Sherwood, OH
How many homes are available in Sherwood, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Sherwood real estate market had 7 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sherwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sherwood, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sherwood in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Sherwood, OH
How long does it take to sell a home in Sherwood, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 122 Days | 82 Days | -32.8% |
Summary: Homes in Sherwood had an average of 82 days on market in Oct 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sherwood has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Sherwood; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.