Is Sherwood, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sherwood is a buyer'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 Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sherwood, WI

How much do homes in Sherwood, WI cost?

Median Sold Price

$421,250

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,450(+7.0%)

Key Takeaway

Homes in Sherwood have sold for 7% more than they did a year ago.

Summary: The median home sold price in Sherwood was $421,250 in October 2024, up 7% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $394.5K$250.4K
-36.5%
3 $379.9K$414.9K
+9.2%
4 $435K$425K
-2.3%
5+ $582.5K$495K
-15.0%

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 decreased by 36.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 15%.

Housing Supply in Sherwood, WI

How many homes are available in Sherwood, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1823+27.8%

Summary: The Sherwood real estate market had 23 homes for sale in October 2024, a 27.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 612
+100.0%
4 55
0.0%
5+ 43
-25.0%

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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sherwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sherwood in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sherwood, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Sherwood, WI

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