Sherwood, Portland, OR
Sherwood — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Sherwood, Portland, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Sherwood Neighborhood Overview
Sherwood is a thriving city in Washington County, Oregon, offering a distinct community feel just southwest of Portland. With a median household income of $122,648, it represents an upper-mid market tier known for its family-friendly atmosphere and strong local identity. The city provides a balanced suburban lifestyle with convenient access to the greater metro area.
Lifestyle & Amenities
Residents enjoy a walkable community layout, scoring a 10.4 out of 20 on the EPA's National Walkability Index. The historic downtown area features local shops, restaurants, and community events that foster a close-knit environment. This blend of modern amenities and small-town charm defines the daily lifestyle in Sherwood.
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, while the median gross rent is $1,947 per month. This market activity reflects strong demand for single-family homes in well-established neighborhoods.
Schools & Education
Sherwood is served by the highly-regarded Sherwood School District, with schools like Sherwood High School and Sherwood Middle School located within the city. Multiple elementary options, including Middleton and Archer Glen, are conveniently situated within a mile of the core area. The presence of Sherwood Charter School adds further educational choice for families.
Transportation & Connectivity
While primarily car-dependent, Sherwood is connected via major routes like Highway 99W and the nearby I-5 for commutes to Portland, Tualatin, and Tigard. The city's layout includes sidewalks and pathways that support local walking and biking. Its location places residents within a reasonable drive of the Tonquin Employment Area and neighboring communities like King City.
Why Choose Sherwood
Families are drawn to Sherwood for its top-rated schools, safe neighborhoods, and strong sense of community. The robust real estate market and high median income indicate a stable and desirable living environment. It is an ideal choice for those seeking a suburban Portland lifestyle with its own distinctive character and excellent amenities.
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, Portland
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Sherwood, Portland, OR. Explore the available cited neighborhood data on this page.
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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 2026-10-12