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 $196,900, higher than the Iowa average of $182,666.
The average cost of rent is $452/mo in Sherwood, primarily driven by the current value of real estate in the Sherwood area. While nearly 54.96% of residents own their homes outright in Sherwood, 17.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sherwood is $7,604 per month. Households that rent pay about 5.94% of their income on rent here. Sherwood's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Lake City, IA: less expensive homes
- Rockwell City, IA: less expensive homes
- Rands, IA: less expensive homes
- Yetter, IA: higher priced homes
- Piper, IA: less expensive homes
- Lytton, IA: less expensive homes
- Jolley, IA: less expensive homes
- Grant City, IA: less expensive homes
- Lohrville, IA: less expensive homes
- Auburn, IA: less expensive homes
Cities with Similar Populations
- Vancorum, CO: less expensive homes
- Cranberry Isles, ME: higher priced homes
- Crocus, ND: less expensive homes
- Croft, KS: less expensive homes
- West Ontario, ND: less expensive homes
- Welcome, NY: less expensive homes
- Wano, ND: less expensive homes
- St. Genevieve, LA: less expensive homes
- Waco, MO: less expensive homes
- Vinson, OK: less expensive homes
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