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These days, finding an affordable place to live in the Sherwood Shores area can be challenging. Home prices in Sherwood Shores are now at a median cost of $177,089, lower than the Texas average of $322,096.
The average cost of rent is $1,375/mo in Sherwood Shores, primarily driven by the current value of real estate in the Sherwood Shores area. In Sherwood Shores, 3.60% of households rent, and 61.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sherwood Shores is $7,158 per month. Households that rent pay about 19.21% of their income on rent here. Sherwood Shores’s most expensive areas are in the northern 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
- Gordonville, TX: higher priced homes
- Willis, OK: equally priced homes
- Locust, TX: higher priced homes
- Cedar Mills, TX: higher priced homes
- Shay, OK: higher priced homes
- Sandusky, TX: higher priced homes
- Powell, OK: equally priced homes
- Pottsboro, TX: higher priced homes
- Preston, TX: higher priced homes
- Kingston, OK: equally priced homes
Cities with Similar Populations
- Amargosa Valley, NV: less expensive homes
- Blades, DE: higher priced homes
- Bentley, KS: less expensive homes
- Belvidere, NC: higher priced homes
- Bellerose, NY: higher priced homes
- Bel Alton, MD: higher priced homes
- Arthur City, TX: higher priced homes
- Arlington, SD: equally priced homes
- Arlington, KY: less expensive homes
- Apple Grove, WV: less expensive homes
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