Sherwood, Lafayette, IN
Sherwood — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Sherwood, Lafayette, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Sherwood Neighborhood Overview
Sherwood is a residential neighborhood located in Lafayette, Indiana, within the 47901 ZIP code. It offers a quiet, community-focused atmosphere within the larger city. The area provides convenient access to local amenities and major employment centers.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and neighborhood charm. The area is served by nearby shopping plazas and essential services for daily convenience. Its location provides relatively easy access to the broader retail and dining options found throughout Lafayette.
Real Estate Market
The Sherwood real estate market features a median home value of $256,100, with a price per square foot around $162.63. Homes typically stay on the market for an average of 51 days. The neighborhood has a very low homeownership rate of 8%, indicating it is predominantly a rental community.
Schools & Education
Families in Sherwood are served by the Lafayette School Corporation. The specific schools serving the neighborhood are determined by district boundaries. Parents are encouraged to consult the district for the latest attendance zone information.
Transportation & Connectivity
The neighborhood is well-connected via major roads like State Road 26 and Interstate 65, facilitating commutes across the Greater Lafayette area. Public transportation is available through the local bus system. Its central location in Lafayette makes most city destinations a short drive away.
Why Choose Sherwood
Sherwood presents an affordable entry point into the Lafayette housing market, with median rents around $904 per month. Its rental-heavy market can be ideal for students, young professionals, or those seeking flexibility. The combination of quiet streets, essential amenities, and central connectivity makes it a practical choice for many.
Sherwood Market Data
| Metric | Value |
|---|---|
| Median Home Price | $256K |
| Median Gross Rent | $904/mo |
| Median Household Income | $41K |
| Homeownership Rate | 7.6% |
| Renter-Occupied | 92.4% |
| Rental Vacancy Rate | 4.8% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 47901 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Sherwood, Lafayette
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Sherwood, Lafayette, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15