Sherwood Forest, Detroit, MI
Sherwood Forest — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Sherwood Forest, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Sherwood Forest Neighborhood Overview
Sherwood Forest is a historic residential neighborhood on Detroit's northwest side, known for its winding, wooded streets and architecturally significant homes. The area offers a serene, park-like atmosphere within the city, characterized by its mature tree canopy and distinctive character. Its central location provides residents with a quiet retreat that remains well-connected to broader metropolitan amenities.
Lifestyle & Amenities
The neighborhood's defining feature is its lush, forested environment, which encourages outdoor activities and a strong sense of community among residents. While primarily residential, Sherwood Forest is conveniently located near major commercial corridors offering shopping and dining options. The neighborhood's peaceful setting and architectural charm are its primary lifestyle draws.
Real Estate Market
The housing market in Sherwood Forest features a median home value of $381,500, according to U.S. Census Bureau ACS 5-Year Estimates (2022). Current market activity shows a price per square foot of approximately $154.72, according to Redfin market data, reflecting the value of its historic and well-maintained properties. The market presents a mix of traditional single-family homes that appeal to those seeking character and stability.
Schools & Education
Families in Sherwood Forest are served by Detroit Public Schools Community District. The neighborhood's proximity to several universities and cultural institutions in the Detroit area provides additional educational resources. Prospective residents are encouraged to research current school assignments and ratings directly through the district.
Transportation & Connectivity
Sherwood Forest is conveniently accessed via major roads like Livernois Avenue and the nearby Davison Freeway, facilitating easy travel by car throughout Detroit and the suburbs. Public transportation options are available through the Detroit Department of Transportation bus system. The neighborhood's central location offers a relatively short commute to downtown Detroit and other employment centers.
Why Choose Sherwood Forest
Sherwood Forest is ideal for those seeking a uniquely tranquil, historic neighborhood with a strong architectural identity within Detroit city limits. The area offers a rare combination of natural beauty, community spirit, and urban accessibility. It represents a distinctive choice for homebuyers valuing character, greenery, and a tight-knit residential atmosphere.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Sherwood Forest Market Data
| Metric | Value |
|---|---|
| Median Home Price | $382K |
| Median Gross Rent | $765/mo |
| Median Household Income | $22K |
| Homeownership Rate | 11.4% |
| Renter-Occupied | 88.6% |
| Rental Vacancy Rate | 4.1% |
| Market Type | Balanced |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 48201 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Sherwood Forest, Detroit
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Sherwood Forest, Detroit, MI. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — 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