October's First-Time Homebuyer Report for Sherwood

Sherwood is a small city in Oregon with a median income of $70,467 per household. Besides being very affluent, its population is much older than others with a median age of 34 years. Detached homes account for 89% of the area's current housing market.

Price Range

Some of the more expensive homes in Oregon are in Sherwood with a median home value of $244,300 and an average list price for available homes currently at $411,208. The Sherwood market showed gains this week as sales climbed 11.9% to hit 47 homes sold over the last 30 days.

Curious as to which homes have been getting the most attention in Sherwood? These listings have stirred up interest and produced the most views:

$305K   $379K   $284K  

Typical Dwelling

A three-bedroom detached home valued around $329,542 is considered a typical dwelling in Sherwood. If a buyer was looking for a similar home, they would need good credit and a $65,908 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,604 and the property tax rate is $10.92 per $1,000 of taxable assessed value.

Get started right now by checking out Sherwood homes for sale or reviewing Sherwood real estate trends.


Data reported through 10/13/2016

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Premiere Property Group
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Premiere Property Group, LLC
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Coldwell Banker Seal - Portland West
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