The median home in Sherwood, Michigan is valued at $144,565, down 0.1% year over year. Sherwood is part of the Coldwater, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Coldwater, MI stress score, crash risk, and 12-month forecast →

Home Value$144,565

-0.1%

AFFORDABILITY

Enter your income for Sherwood.

Income (annual)

Down Payment

$28,913 on $144,565

Affordable — 16.8% of income

Under the 28% guideline.

PITI$1,050

P/I16.8%

Afford$241K

Room+$96K

P&I $731Tax $186Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Sherwood with other housing markets across Michigan.

Lake Angelus$1659K Leland$1097K Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Coldwater, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Coldwater, MI metro.

View Coldwater, MI metro →

SHERWOOD, MI