Home prices
Sherwood's median home value is $52,100. Compared to nearby areas it is approximately $31,080 (37%) lower.In comparison to the United States as a whole it is about $165,400 (76%) lower, and in comparison to the city of Fort Wayne is roughly $63,000 (54%) lower.
Rents
In Sherwood the median monthly rent is $738. It is roughly $40 (5%) higher compared to other places in this area.It is approximately $324 (30%) lower compared to the US as a whole, and in comparison to the city of Fort Wayne is approximately $26 (3%) lower.
Nearby places
Colon
Colon is about 4 miles southwest of Sherwood. The housing prices there are substantially more expensive. Colon's median home price is $90,300, which comes out to $38,200 (42%) higher than Sherwood. The rent there is significantly less expensive. Colon's median monthly rent is $555, which works out to $183 (32%) lower than Sherwood.
Athens
Athens is roughly 5 miles north of Sherwood. Housing prices there are substantially more expensive. The median home cost in Athens is $86,600, which comes out to $34,500 (39%) higher than Sherwood. The rent there is somewhat more expensive. In Athens the median rent is $800 a month, which works out to $62 (7%) higher than Sherwood.
Union City
Union City is roughly 6 miles northeast from Sherwood. The real estate prices there are significantly more expensive. The cost of the median home in Union City is $77,000, which is $24,900 (32%) higher than Sherwood. Rent there is somewhat less expensive. The median rent in Union City is $640 a month, which comes out to $98 (15%) lower than Sherwood.
Bronson
Bronson is roughly 8 miles south from Sherwood. Housing prices there are significantly more expensive. The value of the median home in Bronson is $79,200, which comes out to $27,100 (34%) higher than Sherwood. Rent there is a bit less expensive. In Bronson the median rent is $660 per month, which works out to $78 (11%) lower than Sherwood.
Mendon
Mendon is roughly 9 miles west from Sherwood. Its real estate prices are substantially more expensive. Mendon's median home cost is $82,800, which is $30,700 (37%) higher than Sherwood. Its rents are a bit more expensive. In Mendon the median monthly rent is $834, which works out to $96 (11%) higher than Sherwood.