Housing in Sherwood
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Sherwood, Arkansas
The housing market in Sherwood, AR, is characterized by its affordability relative to national averages. The median home value in Sherwood was $199,500 in 2024, significantly lower than the national median. As of August 2026, the median sale price of a home was $256,000, showing a 15.9% increase year-over-year, indicating a competitive market. The median price per square foot for homes was $145.
For renters, the average rent in Sherwood was $1,345 per month as of September 2026, which is 29% below the national average. One-bedroom apartments average $725 per month, while two-bedroom units average $875 per month. The homeownership rate in Sherwood is high at 70.8%, surpassing the national average, suggesting a community where many residents choose to own their homes.
Housing
About Sherwood, Arkansas
Sherwood, Arkansas, is a thriving suburban city located in Pulaski County, just northeast of Downtown Little Rock. Incorporated in 1948, it has grown into a community known for its blend of small-town charm and convenient access to big-city amenities. The city is characterized by its quiet residential neighborhoods, numerous public parks, and a family-friendly atmosphere, making it an attractive destination for families and young professionals alike. Sherwood's strategic location along the US Highway 67/167 corridor contributes to its accessibility and continued development.
Residents are drawn to Sherwood for its quality of life, which includes above-average public schools and a strong sense of community. The city actively focuses on economic development, aiming to diversify its economic base and support sustainable growth, ensuring a vibrant environment for both residents and businesses. Its proximity to the larger metropolitan area of Little Rock allows residents to enjoy cultural and recreational activities that might not be available in a smaller municipality, while still maintaining a distinct local identity.
About Arkansas
Arkansas, known as "The Natural State," offers diverse geography from the Ozark and Ouachita Mountains to the Mississippi River Delta, fostering a relaxed, nature-oriented lifestyle. The economy, historically rooted in agriculture with rice and poultry as leading products, has diversified to include significant contributions from manufacturing (food products, chemicals, wood and paper products, aerospace parts) and a growing service sector, largely influenced by Walmart's presence. Living in Arkansas is generally affordable, with a cost of living consistently below the national average, particularly for housing. The state experiences a humid subtropical climate with mild winters and hot, humid summers, and while property taxes are low, sales taxes can be high.
