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Sherwood

Learn about the people, housing, costs and businesses in Sherwood, North Dakota

Median Home$166,000
Median Rent$828/month
Population196
Leading IndustriesRetail · Construction · Agriculture & Mining21% retail
Retirees22% of residentsnear the national average
Homeowners78% of occupied units
NotableTransit80/100 · excellent transit access
NotableAffordable Market$166k median home · lower cost than 67% of the country
Sherwood
ND

Frequently Asked Questions

What are today's mortgage rates in Sherwood?

As of today, the 30-year fixed mortgage rate for Sherwood is approximately 6.935% (6.973% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sherwood?

The median home value in Sherwood is $166k. The median monthly rent is $828. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Sherwood?

Based on a typical all-in ownership cost of $712/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sherwood is $74k/year.

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What industries drive the economy in Sherwood?

The largest employment sectors in Sherwood are retail (21%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.