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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 $99,217, lower than the North Dakota average of $273,535.
The average cost of rent is $606/mo in Sherwood, primarily driven by the current value of real estate in the Sherwood area. In Sherwood, 18.69% of households rent, and 70.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sherwood is $6,485 per month. Households that rent pay about 9.34% of their income on rent here. Sherwood’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mohall, ND: higher priced homes
- Tolley, ND: equally priced homes
- Antler, ND: higher priced homes
- Norma, ND: higher priced homes
- Northgate, ND: equally priced homes
- Kuroki, ND: higher priced homes
- Lansford, ND: higher priced homes
- Maxbass, ND: higher priced homes
- Kenmare, ND: higher priced homes
- Bowbells, ND: higher priced homes
Cities with Similar Populations
- Cable Hollow, PA: higher priced homes
- Chesterfield, NJ: higher priced homes
- Chester, IA: higher priced homes
- Chelsea, IN: higher priced homes
- Carrington, MO: higher priced homes
- Captiva, FL: higher priced homes
- Cannelton, WV: less expensive homes
- Cameronsville, AL: higher priced homes
- Calvin, KY: higher priced homes
- Calumet, MN: higher priced homes
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