or

By signing in, I accept the Rebuildetroit.com Terms of Use.

Agent Registration

Find Your Agent Profile

Agent Registration

Sherwood

Neighborhood in Detroit, Michigan
Wayne County 48234

A Neighborhood Grade

8.5 Neighborhood Score

$91,494

Average Value

$73

Average Price per Sq Ft

Laidback, Family Friendly Vibes in Detroitโ€™s Classic District 3

Sherwood neighborhood is a residential area located in northeast Detroitโ€™s District 3, offering a laid-back, family-friendly atmosphere with affordable housing, accessible parks and schools, and a tight-knit sense of community.
Located within ZIP code 48234 in Wayne County, Sherwoodโ€™s engaged neighbors make it an attractive destination for potential buyers seeking value and community within Detroit city limits.
The neighborhoodโ€™s approximate boundaries are Dequindre Street to the east, Hoover Street to the west, 7 Mile Road to the north, and 8 Mile Road to the south.
Neighboring communities include Farwell, Krainz Woods, and Pershing, also known for their residential quiet and quick access to urban centers like Downtown Detroit.

Agents Specializing in this Area

See All Agents

Schools

No Schools found.

Transit

Airport

Windsor International

Bus

8 Mile & Sherwood

Bus

E Outer Dr & Sherwood

Bus

E Outer Dr & Van Dyke

Bus

E Outer Dr & Spencer

Bus

8 Mile & Carrie

Bus

8 Mile & Spencer

Bus

E Outer Dr & Rogge

Crime and Safety

1 – Low Crime, 10 – High CrimeSherwoodUS
Homicide104
Sexual Assault74
Assault with Weapon94
Robbery94
Burglary84
Motor Vehicle Theft94
Larceny54
Crime Score84

Source: WhatIsMyCrimeRisk.com


Sherwood Demographics and Home Trends

On average, homes in Sherwood, Detroit sell after 65 days on the market compared to the national average of 48 days. The median sale price for homes in Sherwood, Detroit over the last 12 months is $69,500, down 4% from the median home sale price over the previous 12 months.

Home Trends

Median List PriceMedian Sale PriceMedian Single Family Sale PriceMedian Change From 1st List Price
$77,450$69,500$69,7007%
Last 12 months Home SalesMedian Home Sale Price YoY ChangeAverage Price Per Sq Ft
27-4%$73

Home Facts

Number of Homes in NeighborhoodNumber of Homes for Sale
76614
Median Year BuiltMonths of Supply
19436.20
Avg. Single Family Home Size Sq Ft
Below the national average
Median Lot Size Sq Ft
1,343
1,938
3,920

Distribution of Home Values

Homes for Sale

See All Homes

Average Home Value

Property Mix – Square Feet

This Neighborhood Has More Renters

Demographics

Total Population

Median Age

Population under 18
On par with the national average
Population over 65
On par with the national average
1,9133528.8%
23.8%
14.2%
23.8%

Finances

Median Household Income
Significantly below the national average
Average Household Income
$39,654
$71,702
$57,332

Education and Workforce

High School GraduatesCollege Graduates
Below the national average
Advanced Degrees% Population in Labor Force
89.6%9%
34.1%
4.1%
13.3%
59.4%

Weather

Annual Precipitation
Average Winter Low TemperatureAverage Summer High TemperatureAnnual Snowfall
30”20ยฐF83ยฐF38”

Area Factors

Somewhat Bikeable

Bike Score

43

/ 100

GoodTransit

Transit Score

50

/ 100

Car-Dependent

Walk Score

25

/ 100

Source: Walk Score

โญ Loading rating...

Own It Realty

Hassan, I'd like to learn more about homes in Sherwood.

Send a Message

Hassan Scheib

By sending your message, you agree that this business or rebuilddetroit.com may call or text you by live or automated means about your inquiry at the number you provided. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use.

Message Has Been Sent Successfully!