Sherwood, Beaverton, OR
Sherwood — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Sherwood, Beaverton, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Sherwood Neighborhood Overview
Sherwood, Oregon, is a distinct city in Washington County with its own ZIP code of 97140, offering a community-focused lifestyle separate from nearby Beaverton. It presents itself as an Upper Mid market tier community with a median household income of $122,648. The city blends suburban comfort with a strong local identity and convenient access to the broader Portland metro area.
Lifestyle & Amenities
Residents enjoy a walkable environment, scoring a 10.4 out of 20 on the EPA National Walkability Index, which supports local errands and community interaction. The historic Old Town district serves as a charming hub for local shops, restaurants, and community events. This creates a balanced lifestyle between quiet residential streets and accessible, vibrant gathering spaces.
Real Estate Market
The Sherwood housing market is active, with 1,389 mortgage originations recorded in 2023, the vast majority being conventional loans. The median home value stands at $589,800, reflecting its Upper Mid market position. For renters, the median gross rent is $1,947 per month, providing options for those not ready to buy.
Schools & Education
Sherwood is served by the highly-regarded Sherwood School District, with Sherwood High School located just 1.49 miles from the city center. Multiple elementary options are within a mile, including Hawks View, Sherwood Charter, and Archer Glen Elementary schools. Sherwood Middle School, situated 0.51 miles away, completes the core public school pathway.
Transportation & Connectivity
While primarily car-dependent, Sherwood provides good regional connectivity via major routes like Highway 99W and the nearby Tonquin Employment Area. Its proximity to Tualatin, King City, and Beaverton offers access to expanded employment and retail centers. The walkable core reduces local trip dependence for some residents.
Why Choose Sherwood
Sherwood appeals to those seeking a family-oriented community with top-rated schools and a strong sense of local pride. The stable real estate market and above-average income levels support a high quality of suburban living. It is an ideal choice for buyers looking for a distinct city identity within the Portland metropolitan region.
Sherwood Market Data
| Metric | Value |
|---|---|
| Median Home Price | $590K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $123K |
| Homeownership Rate | 77.7% |
| Renter-Occupied | 22.3% |
| Rental Vacancy Rate | 2.4% |
| Market Type | Seller's |
| Market Tier | Upper Mid |
| Primary ZIP Code | 97140 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 1,389 |
| VA Loan Originations | 47 |
| VA Loan Share | 3.4% |
| Conventional Loan Originations | 1,265 |
| FHA Loan Originations | 77 |
Top Real Estate Agents in Sherwood, Beaverton
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Sherwood, Beaverton, OR. 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: Oregon Real Estate Agency (OREA) — 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, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15