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Sherwood Shores

Learn about the people, housing, costs and businesses in Sherwood Shores, Texas

Median Home$249,800
Median Rent$1,375/month
Population1,020
Leading IndustriesFinance & Insurance · Education · Information & Media8% finance & insurance
Home Value Growth+7.6% over 2 years
Retirees29% of residentswell above average
Homeowners92% of occupied units
NotableTransit87/100 · excellent transit access
NotableVeteran Community11% of residents · top 9% nationally
Sherwood Shores
TX

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Sherwood Shores?

As of today, the 30-year fixed mortgage rate for Sherwood Shores is approximately 6.923% (6.960% 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 Shores?

The median home value in Sherwood Shores is $250k. The median monthly rent is $1,375. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sherwood Shores?

Home values in Sherwood Shores have increased 7.6% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

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

Based on a typical all-in ownership cost of $908/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sherwood Shores is $86k/year.

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What industries drive the economy in Sherwood Shores?

The largest employment sectors in Sherwood Shores are public administration (21%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.