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Foreclosure Homes in Sherwood, MI

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Sherwood, MI Foreclosures

How much do homes sell for in Sherwood, MI?
The average home price is currently $179,804.
In Sherwood, MI, how many homes are available?
There are currently 2 active home listings available in Sherwood.
What’s the average rental cost in Sherwood, MI?
The average rental price in Sherwood is $1,282.
What is the most expensive home in Sherwood?
The most expensive home sold in Sherwood had a price of $1,619,506.
What is currently the cheapest priced home in Sherwood, MI?
The cheapest home for sale in Sherwood is priced at $12,605.

Living in Sherwood, MI

Sherwood, Michigan, is a small, close-knit community that boasts a quiet, rural lifestyle. With beautiful landscapes and lakes, it offers plenty of outdoor recreational opportunities for residents and visitors alike. The area is known for its friendly atmosphere and affordable living, making it a great choice for families and retirees looking for a serene environment away from city life.

Current Market Conditions in Sherwood, MI

Sherwood's real estate market has been relatively stable over the past few years. The demand for homes in rural locations like Sherwood has been increasing as more people seek out quiet, outdoor-oriented living spaces. Home prices here are mostly affordable, with a wide range of housing options available to accommodate different buyer needs.

There is a notable trend of buyers, particularly younger families and retirees, moving into the area due to its appealing lifestyle. This influx has led to competitive bidding in some cases, particularly for well-maintained homes or properties with land.

Home Value Estimator For Sherwood, MI

There are currently 718 real estate properties in Sherwood, MI, with a median automated valuation model (AVM) price of $151,307.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sherwood, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Sherwood, MI, is $179,804.00, with the most expensive house in Sherwood, MI, topping out at $1,619,506.00 and the cheapest home in Sherwood, MI, clocking in at $12,605.00. In other words, there’s something for every potential homebuyer or savvy investor in Sherwood, MI!

Rent Prices In Sherwood, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sherwood, MI, is on a rollercoaster ride. The average rent price in Sherwood, MI, is $1,282.00. Indeed, when looking to rent in Sherwood, MI, you can expect to pay as little as $540.00 or as much as $1,940.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Sherwood, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Sherwood, MI Foreclosures


Market Trend for Sherwood, MI

Total Listings Available: 2

Market Values:

Home Prices from $12,605 to $1,619,506

Average Sales Price: $179,804

Rental Values:

Rental from $540 to $1,940

Average Rent Value: $1,282 / month

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