Sherwood appreciation rates and housing market information

Sherwood housing market information

With a population of 11,963, 4,456 total housing units (homes and apartments), and a median house value of $368,391, Sherwood house prices are not only among the most expensive in Oregon, Sherwood real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Sherwood, accounting for 73.09% of the city's housing units. Other types of housing that are prevalent in Sherwood include large apartment complexes or high rise apartments (9.81%), duplexes, homes converted to apartments, or other small apartment buildings (7.09%), mobile homes or trailers (5.79%), and a few row houses and other attached homes (4.22%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Sherwood. Owner-occupied housing accounts for 76.53% of Sherwood's homes, and 75.05% have either three or four bedrooms, which is average sized relative to America.

Sherwood homes and real estate are some of the newest in America. 58.82% of Sherwood's housing was built since 1995, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Sherwood real estate market has to offer. Quit a bit of the housing here was also built between 1970-1994 (29.44%), and 1940-1969 (8.24%).

Sherwood home appreciation rates

In the last 10 years, Sherwood has experienced some of the highest home appreciation rates of any community in the nation. Sherwood real estate appreciated 157.36% over the last ten years, which is an average annual home appreciation rate of 15.73%, putting Sherwood in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sherwood definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Sherwood home appreciation rates, at 2.08%, have been at or slightly above the national average. In the latest quarter, Sherwood's appreciation rate has been 0.93%, which annualizes to a rate of 3.72%.

Relative to Oregon, our data show that Sherwood's latest annual appreciation rate is higher than 94% of the other cities and towns in Oregon.