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 $463,997, higher than the Maryland average of $357,815.
The average cost of rent is $1,195/mo in Sherwood, primarily driven by the current value of real estate in the Sherwood area. While nearly 46.37% of residents own their homes outright in Sherwood, 11.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sherwood is $8,159 per month. Households that rent pay about 14.65% of their income on rent here. Sherwood's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Tilghman, MD: less expensive homes
- Neavitt, MD: higher priced homes
- Wittman, MD: equally priced homes
- Bozman, MD: higher priced homes
- Mcdaniel, MD: equally priced homes
- St. Michaels, MD: higher priced homes
- Claiborne, MD: equally priced homes
- Romancoke on the Bay, MD: less expensive homes
- Kirkham, MD: higher priced homes
- Oxford, MD: higher priced homes
Cities with Similar Populations
- Buck Creek, WI: less expensive homes
- Wabash, WA: higher priced homes
- Waconda, OR: less expensive homes
- Waterloo, TX: less expensive homes
- Waverly, LA: less expensive homes
- Canova, SD: less expensive homes
- Canfield, WV: less expensive homes
- Campbell Station, AR: less expensive homes
- Cameron, MT: less expensive homes
- Cambra, PA: less expensive homes
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