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Featured local agent — Sherwood, TN
Sarah Mitchell
Compass Real Estate · Sherwood, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Sherwood, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$349,000median sale price
How is the Sherwood, TN housing market right now?
The median home sale price in Sherwood, TN is $349,000. Homes sell in an average of 368 days. The market is currently a leaning buyer's. (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 Sherwood a buyer's or seller's market?
Sherwood, TN is currently a leaning buyer's and homes selling in about 368 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
368
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Sherwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $349,000 |
| Average days on market | 368 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $219/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Sherwood by property type?
How the Sherwood, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $349,000 | $219/sq ft | 1 | 368 days |
Source: Redfin · Updated monthly
The Sherwood housing market is currently classified as a leaning buyer's with a median sale price of $349,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 368 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Sherwood
Explore homes currently listed for sale in Sherwood, Tennessee across major real estate platforms.
Who lives in Sherwood?
Population
8
Source: U.S. Census Bureau ACS
What are homes worth in Sherwood?
Zillow home value
$277,881
Source: Zillow Research
What is it like to live in Sherwood?
Sherwood is a community of approximately 0K residents with a diverse population.0
0Overall, Sherwood offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near Sherwood, TN?
Want a head-to-head view? Compare 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 Sherwood?
The median home sale price in Sherwood is $349,000, down 0.0% from last year.
How long do homes stay on market in Sherwood?
Homes typically spend 368 days on market before going under contract.
What is the Zillow home value estimate for Sherwood?
The Zillow Home Value Index (ZHVI) for Sherwood is $277,881, representing the typical home value in the area.
How much does a single-family home cost in Sherwood?
The median single-family home price in Sherwood, TN is $349,000 (about $219 per square foot).
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