Is Sherwood, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sherwood is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Sherwood has remained a Seller's Market.

Key Takeaway

Sherwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sherwood, MO

How much do homes in Sherwood, MO cost?

Median Sold Price

$212,000

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,100(+17.8%)

Key Takeaway

Homes in Sherwood have sold for 17.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $74K-
N/A
2 $126.5K$80.2K
-36.6%
3 $195K$215K
+10.3%
4 -$255K
N/A
5+ $230K-
N/A

Summary: Sherwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Fassnight
+25.7%
Sherwood
+17.8%
Mark Twain
+8.6%

Housing Supply in Sherwood, MO

How many homes are available in Sherwood, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
26+200.0%

Summary: The Sherwood real estate market had 6 homes for sale in April 2024, a 200.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 14
+300.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Sherwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sherwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sherwood in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sherwood, MO

How long does it take to sell a home in Sherwood, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
3 Days11 Days+266.7%

Summary: Homes in Sherwood had an average of 11 days on market in Apr 2024, up by 266.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sherwood are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Sherwood; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Sherwood, MO

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