Sherwood, AR—72120
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sherwood, AR
As of Oct '25, the median home price in Sherwood, AR is $228,000, with a year-over-year change of 1.5%. This indicates that home prices in Sherwood, AR are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | 1.5% |
| Single Family | $228,000 | 1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $126,000 | -3.1% |
3 Bed | $213,000 | 2.9% |
4 Bed | $334,000 | 1.5% |
| 5 Bed | $426,000 | 0.0% |
% of Housing Stock
Rental Trends — Sherwood, AR
As of July '25, Rentcast reports the average rent in Sherwood, AR is $1,670, with a year-over-year rent change of 8.4%. Per bedroom, the median rent as of July '25 in Sherwood, AR is 1-bedrooms: $760, 2-bedrooms: $902, 3-bedrooms: $1,880, 4-bedrooms: $2,000. The most common rental property sizes in Sherwood, AR are 3-bedroom and 2-bedroom, accounting for 46.3% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,670 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $760 |
| 2 Bed Rent | $875 | $902 |
| 3 Bed Rent | $1,700 | $1,880 |
| 4 Bed Rent | $1,800 | $2,000 |
% of Rental Stock
Property Listings — Sherwood, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Sherwood, AR is 48. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $271,000 | -14.0% |
Listing Count | 202 | 16.0% |
| Listings as % of Homes | 0.6% | 16.0% |
Days on Market | 48 | -15.0% |
Demographics — Sherwood, AR
As of the latest ACS Survey released in 2023, Sherwood, AR has a population of 33,400, which has remained stable by 0.2% over the past 5 years. Sherwood, AR is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 35.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,400 | 0.2% |
% Under 18 | 20.1% | -9.0% |
% Seniors | 19.6% | 16.7% |
% WFH | 10.2% | 175.7% |
% w/ College Degree | 35.4% | 13.5% |
As of the latest ACS Survey released in 2023, Sherwood, AR is a predominantly white area, with 65.1% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Sherwood, AR is black, making up 26.5% of the population. Foreign-born residents account for 2.3% of the population in Sherwood, AR, and this percentage has decreased by 41.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.1% | -7.0% |
% Black | 26.5% | 32.5% |
% Hispanic | 3.5% | -28.6% |
% Asian | 1.0% | -54.5% |
% Foreign Born | 2.3% | -41.0% |
Mortgage and Risk — Sherwood, AR
According to HUD data as of 2023, there were 701 mortgage originations in Sherwood, AR, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Sherwood, AR. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 701 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Sherwood, AR
As of 2024, the percent of homes in Sherwood, AR under the Section 8 program is 4.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Sherwood, AR, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 153 |
Total Units Section 8 | 153 |
% Rentals under Section 8 | 4.5% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $750 | $910 |
| 2 Bedroom | $175 | $875 | $1,050 |
| 3 Bedroom | -$300 | $1,700 | $1,400 |
| 4 Bedroom | -$140 | $1,800 | $1,660 |
Affordability — Sherwood, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $228,000 |
| Median Household Income | $75,900 |