Expensive
Affordable
Affordable
Colorblind friendly
off
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 $292,550, lower than the Tennessee average of $315,131.
The average cost of rent is $1,205/mo in Sherwood, primarily driven by the current value of real estate in the Sherwood area. In Sherwood, 34.92% of households rent, and 70.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sherwood is $3,721 per month. Households that rent pay about 32.37% of their income on rent here. Sherwood’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Orme, TN: less expensive homes
- Montague, AL: less expensive homes
- Martin Springs, TN: less expensive homes
- Gonce, AL: less expensive homes
- Sewanee, TN: higher priced homes
- Cowan, TN: less expensive homes
- Richard City, TN: less expensive homes
- South Pittsburg, TN: less expensive homes
- Madison Crossroads, AL: less expensive homes
- Bridgeport, AL: less expensive homes
Cities with Similar Populations
- Argyle, FL: less expensive homes
- Woods Mills, NY: less expensive homes
- Abbottsburg, NC: less expensive homes
- Baileyton, TN: less expensive homes
- Bagley, IA: less expensive homes
- Badoura, MN: equally priced homes
- Avondale, MO: less expensive homes
- Auto, WV: less expensive homes
- Ashland, SC: less expensive homes
- Annapolis, IL: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood