Sherwood MI Commercial for Sale

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Sherwood Real Estate

The median home value in Sherwood, MI is $130,000. This is lower than the county median home value of $159,000. The national median home value is $338,100. The average price of homes sold in Sherwood, MI is $130,000. Approximately 76.22% of Sherwood homes are owned, compared to 19.51% rented, while 4.27% are vacant. Sherwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sherwood real estate agent to arrange a tour today!

Sherwood, Michigan has a population of 487. Sherwood is more family-centric than the surrounding county with 35.14% of the households containing married families with children. The county average for households married with children is 29.53%.

The median household income in Sherwood, Michigan is $47,961. The median household income for the surrounding county is $56,077 compared to the national median of $69,021. The median age of people living in Sherwood is 34.3 years.

Sherwood Weather

The average high temperature in July is 82.2 degrees, with an average low temperature in January of 16.8 degrees. The average rainfall is approximately 35.7 inches per year, with 47.7 inches of snow per year.

Sherwood Real Estate Market Conditions

  • Median sales price

    $130,000
    14.9% change since last quarter
  • # Active listings

    5
    30-day change

Sherwood Schools and Demographics

Education near Sherwood, MI

Metric City County
High School Graduates 76.79 88.87
College Degree - 2 year 4.44 9.13
College Degree - 4 year 3.07 15.37
Graduate Degree 1.37 3.66
Expenditures per Student 12,121 12,121
Students per Teacher 19 19

Elementary Schools near Sherwood, MI

School Grades Students P/T Ratio ZIP
Colon Elementary School PK - 06 304 14.1 49040
Leonidas School PK - 08 55 13.8 49066
Union City Elementary School PK - 04 418 17.9 49094

Middle Schools near Sherwood, MI

School Grades Students P/T Ratio ZIP
Union City Middle School 05 - 08 331 17.7 49094

High Schools near Sherwood, MI

School Grades Students P/T Ratio ZIP
Athens High School 06 - 12 313 19 49011
Colon High School 06 - 12 243 16.3 49040
Union City High School 09 - 12 310 22.4 49094

Demographics near Sherwood, MI

Metric City County
Neighborhood Type Small town
Population 487 44,677
Population Density 485 88
Median Age 34.3 41.2
People per Household 3.1 2.6
Median Household Income 47,961 56,077
Average Income per Capita 19,054 27,575