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Sherwood Home Values and Market Report

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 94.6% of list price in 111 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $175K Sold · $165K
$430K$300K$170K$40K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Nov. Last month: 0.

Where the market stands

All homes in this report, by status.

20homes
Active7 · 35%
Under contract5 · 25%
Sold (12 mo)8 · 40%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

14.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$273K
Under contract$156K
Sold$145K

Average days on market

Active149 days
Under contract60 days
Sold111 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 7
Average list price $272,549
Avg. days on market 149 days
Avg. price per ft² $132 Based on 5 of 7 homes
Avg. living area 1,894 ft² Based on 5 of 7 homes
Avg. beds / baths 3.2 / 2.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 5 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

2 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 5 homes in this status.

890 Lilac Lane$194
110 Dotson Drive$159
688 Ladyman Road$142
246 Tuttle Park Drive$89
783 Francisco Road$80

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
688 Ladyman RoadSherwood, MI 49089 554,757$679,999$14272 days
Dunks RoadSherwood, MI 49089 ———$575,000—489 days
890 Lilac LaneSherwood, MI 49089 321,176$229,000$194249 days
110 Dotson DriveSherwood, MI 49089 321,364$217,995$15961 days
783 Francisco RoadSherwood, MI 49089 311,175$94,900$8098 days
246 Tuttle Park DriveSherwood, MI 49089 211,000$89,900$8932 days
1128 Arney RoadSherwood, MI 49089 ———$21,050—41 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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