Market Overview
Home Prices in Sherwood, OR
The median home value in Sherwood, OR is $633,161 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.8% compared to a year ago and down 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sherwood are priced54% above average. Sherwood is part of the Portland-Vancouver-Hillsboro, OR-WA metro area.
Over the past five years, Sherwood home values have risen by approximately11.1%, reflecting steady appreciation in this market.
Price History
Sherwood Home Price Trend
City Comparison
Sherwood vs. National Median
At $633,161, homes in Sherwood cost 54% above the national median of $410,000. Buyers in Sherwood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Sherwood?
20% Down Payment
$126,632
on $633,161
Monthly P&I
$3,302/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,194/mo
incl. taxes & insurance
Income Needed
$167,760
gross annual (30% rule)
10% Down Option
$63,316
+ PMI applies
Loan Amount (20% dn)
$506,529
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Sherwood, OR?
The median home value in Sherwood is $633,161 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.8% year-over-year.
How much have home prices changed in Sherwood?
Over the past year, home values in Sherwood have decreased by 2.8%. Over five years, prices have risen approximately 11.1%.
How much do I need to earn to buy a home in Sherwood?
To comfortably afford the median home price of $633,161 with a 20% down payment ($126,632) at today's rates (6.8%), you'd need a gross annual income of approximately $167,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Sherwood compare to the national average home price?
The national median home value is approximately $410,000. At $633,161, homes in Sherwood are 54% above the national average.
What metro area is Sherwood part of?
Sherwood is part of the Portland-Vancouver-Hillsboro, OR-WA metropolitan area. Home prices and market conditions can vary across the broader metro region.