Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sherwood area can be challenging. Home prices in Sherwood are now at a median cost of $177,686, higher than the Arkansas average of $160,541.
The average cost of rent is $972/mo in Sherwood, primarily driven by the current value of real estate in the Sherwood area. While nearly 31.74% of residents own their homes outright in Sherwood, 29.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sherwood is $5,942 per month. Households that rent pay about 16.36% of their income on rent here. Sherwood's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- North Little Rock, AR: less expensive homes
- Little Rock Air Force Base, AR: less expensive homes
- Jacksonville, AR: less expensive homes
- Rose City, AR: less expensive homes
- Cammack Village, AR: higher priced homes
- Kerr, AR: less expensive homes
- Toneyville, AR: less expensive homes
- College Station, AR: less expensive homes
- Maumelle, AR: higher priced homes
- Parnell, AR: higher priced homes
Cities with Similar Populations
- Starkville, MS: equally priced homes
- Hallandale Beach, FL: higher priced homes
- Hermitage, TN: higher priced homes
- Hope Mills, NC: less expensive homes
- Kingman, AZ: equally priced homes
- Lincoln Park, MI: less expensive homes
- Midlothian, TX: higher priced homes
- Milton, GA: higher priced homes
- Raeford, NC: equally priced homes
- Rockledge, FL: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood