Home Price Key
Affordable
Average
Expensive
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 $67,721, lower than the Texas average of $235,268.
The average cost of rent is $763/mo in Sherwood Shores, primarily driven by the current value of real estate in the Sherwood Shores area. While nearly 69.69% of residents own their homes outright in Sherwood Shores, 33.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sherwood Shores is $1,877 per month. Households that rent pay about 40.67% of their income on rent here. Sherwood Shores's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
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Cities with Similar Populations
- Amargosa Valley, NV: higher priced homes
- Blades, DE: higher priced homes
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- Bel Alton, MD: higher priced homes
- Arthur City, TX: higher priced homes
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- Arlington, KY: higher priced homes
- Apple Grove, WV: higher priced homes
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