April 2024

Sherwood Housing Market Report Spokane, Spokane County, Washington

Report Updated 4 Days Ago

Housing Prices in Sherwood, WA

How much do homes in Sherwood, WA cost?

Median List Price

$489,950

$206/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$150,050(+44.1%)

Key Takeaway

The list price of homes in Sherwood has increased by 44.1% since last year.

Summary: The median home list price in Sherwood was $489,950 in April 2024, up 44.1% from the previous year, and the median price per square foot was $206.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	$250K	-	N/A
2 Bedrooms	$294K	$275K	-6.5%
3 Bedrooms	$410K	$480K	+17.1%
4 Bedrooms	$519K	$775K	+49.3%
5+ Bedrooms	$499.9K	$499.9K	0.0%

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 6.5%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 49.3%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Neighborhoods

NEIGHBORHOOD	Apr 2023	Apr 2024	CHANGE
Sherwood	$339.9K	$489.9K	+44.1%
West Central	$322.5K	$329.5K	+2.2%
Nettletons	$319.9K	$322.4K	+0.8%

Housing Supply in Sherwood, WA

How many homes are available in Sherwood, WA?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
1	2	+100.0%

Summary: The Sherwood real estate market had 2 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	0	1	+100.0%
3 Bedrooms	1	1	0.0%
4 Bedrooms	0	0	0.0%
5+ Bedrooms	0	0	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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Sherwood, WA

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

Average Listing Age

Apr 2023	Apr 2024	CHANGE
135 Days	26 Days	-80.4%

Summary: Homes in Sherwood had an average listing age of 26 days in Apr 2024, down by 80.4% compared to the previous year.

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

Report Updated 4 Days Ago

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Newest Listings in Sherwood, WA

What homes are available in Sherwood, WA?

See More Listings

$275,000

$3,266 Closing Credit

1,186 SqFt

852 N Summit Blvd Unit 103, Spokane WA, 99201

William Hoss Evey

Listing Office:

REAL Broker LLC

Nearby Markets to Sherwood, WA

MLS Disclaimers and Copyright

Based on information from Spokane Association of REALTORS® MLS for the period 05/01/2022 - 05/01/2024

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 8:10:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.