Housing Prices in Sherwood Township, MI
How much do homes in Sherwood Township, MI cost?
Median List Price
$164,950
$145/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Sherwood Township has decreased by 11.7% since last year.
Summary: The median home list price in Sherwood Township was $164,950 in May 2024, down 11.7% from the previous year, and the median price per square foot was $145.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126.4K | - | N/A |
| 2 Bedrooms | $224.9K | $149.9K | -33.3% |
| 3 Bedrooms | $185K | $159.9K | -13.5% |
| 4 Bedrooms | $234.9K | $218.4K | -7.0% |
| 5+ Bedrooms | $500K | $475K | -5.0% |
Summary: Sherwood Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 5%.
Median List Price Compared To Nearby Cities
| Athens Township | $172.5K | $185.5K | +7.5% |
| Sherwood | $178.4K | $189.9K | +6.5% |
| Union Township | $249.9K | $259.9K | +4.0% |
| Leonidas | $174.9K | $179.5K | +2.6% |
| Sherwood Township | $186.9K | $164.9K | -11.7% |
Housing Supply in Sherwood Township, MI
How many homes are available in Sherwood Township, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Sherwood Township real estate market had 6 homes for sale in May 2024, a 14.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 1 | -75.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sherwood Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 75%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Sherwood Township, MI
How long does it take to sell a home in Sherwood Township, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 49 Days | 49 Days | -0.5% |
Summary: Homes in Sherwood Township had an average listing age of 49 days in May 2024, down by 0.5% compared to the previous year.
