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Featured local agent — Lake Sherwood, CA
Sarah Mitchell
Compass Real Estate · Lake Sherwood, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Sherwood, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$3.75Mmedian sale price
How is the Lake Sherwood, CA housing market right now?
The median home sale price in Lake Sherwood, CA is $3.75M, down 19.6% year-over-year. Homes sell in an average of 187 days with 24 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Sherwood a buyer's or seller's market?
Lake Sherwood, CA is currently a buyer's market, based on 12.0 months of supply and homes selling in about 187 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
187
Average pace
Active listings
24
12.0 months supply
Sale-to-list
95.4%
Below asking
What does the Lake Sherwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $3.75M |
| Median list price | $2.85M |
| Year-over-year price change | -19.6% |
| Average days on market | 187 days |
| Active inventory | 24 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 95.4% |
| Median price per sq ft | $853/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 6 |
| Listings with a price cut | 8.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Sherwood by property type?
How the Lake Sherwood, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $3.75M | $853/sq ft | 2 | 187 days |
| Condo / Co-op | $3.33M | $887/sq ft | 1 | 23 days |
| Townhouse | $3.10M | $1,093/sq ft | 1 | 23 days |
Source: Redfin · Updated monthly
The Lake Sherwood housing market is currently classified as a buyer's market with a median sale price of $3.75M. Prices have fallen 19.6% compared to last year, with homes spending an average of 187 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Lake Sherwood
There are currently 24 homes listed for sale in Lake Sherwood, California. The median listing price is $2.8M.
Active listings
24
Homes on market
Median list price
$2.8M
Avg. days on market
187
Days until sale
New this week
6
Newly listed
Who lives in Lake Sherwood?
Population
1,515
Median income
$244,239/yr
Median age
54 years
Owner-occupied
88.2%
College grads
70.1%
Avg commute
25.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Sherwood?
Lake Sherwood is a community of approximately 2K residents with a median age of 54 years.The median household income is $244,239, which reflects a relatively affluent area with strong earning potential. 70.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Sherwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Sherwood, CA?
Want a head-to-head view? Compare Lake Sherwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Sherwood?
The median home sale price in Lake Sherwood is $3.75M, down 19.6% from last year.
How long do homes stay on market in Lake Sherwood?
Homes typically spend 187 days on market before going under contract.
What is the median income in Lake Sherwood?
The median household income is $244,239 per year.
Is Lake Sherwood a buyer's or seller's market?
With 12.0 months of supply, Lake Sherwood is currently a buyer's market.
What is the median condo price in Lake Sherwood?
The median condo/co-op sale price in Lake Sherwood, CA is $3.33M, compared to $3.75M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Sherwood?
The median single-family home price in Lake Sherwood, CA is $3.75M (about $853 per square foot).
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