$10,000 Closing Credit*
$1,155,000
3,128 SqFt
3 Beds
•3 Full Baths
Mickey J Lindsay, Listing Office: Oregon First
Is Sherwood, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Sherwood has remained a Seller's Market.
Key Takeaway
Sherwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sherwood, OR
How much do homes in Sherwood, OR cost?
Median Sold Price
$677,975
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,025(+4.3%)
Key Takeaway
Homes in Sherwood have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Sherwood was $677,975 in November 2024, up 4.3% from last year, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $264.9K | $260K | -1.9% |
| 2 Bedrooms | $360.5K | $340K | -5.7% |
| 3 Bedrooms | $550K | $563.7K | +2.5% |
| 4 Bedrooms | $730K | $727.5K | -0.3% |
| 5+ Bedrooms | $995.6K | $813.4K | -18.3% |
Summary: Sherwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 18.3%.
Median Sold Price Compared To Nearby Cities
| Sherwood | $649.9K | $677.9K | +4.3% |
| Beaverton-Hillsboro | $560.1K | $579.7K | +3.5% |
| Tualatin | $637.5K | $635.4K | -0.3% |
Housing Supply in Sherwood, OR
How many homes are available in Sherwood, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 162 | 144 | -11.1% |
Summary: The Sherwood real estate market had 144 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 51 | 48 | -5.9% |
| 4 Bedrooms | 65 | 56 | -13.8% |
| 5+ Bedrooms | 33 | 31 | -6.1% |
Summary: The Sherwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 6.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 26 | -23.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sherwood, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Sherwood in November 2024, down by 23.5% month-over-month. Of the 26 sold homes, 42% were sold under asking, 42% were sold at asking, and 15% were sold over asking.
Days on Market for Sherwood, OR
How long does it take to sell a home in Sherwood, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 36 Days | -38.8% |
Summary: Homes in Sherwood had an average of 36 days on market in Nov 2024, down by 38.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sherwood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in Sherwood; 58% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.