Comprehensive market data and analysis• Updated Oct 2026
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 4 |
Acreage buckets
The median price for land in Sherwood, Michigan is currently $30K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $137K.
Sherwood, Michigan is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Sherwood, Michigan currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The median land price in Sherwood, Michigan stands at $50K. This translates to roughly $30K per acre for the typical parcel size. The average price is $67K, indicating some higher-priced properties pulling up the average.
Land in Sherwood, Michigan averages $39K per acre. The median price per acre is $30K, which may be more representative of typical transactions. Most parcels sold are around 36,590 sq ft.
Over the past 12 months, Sherwood, Michigan saw 4 properties sold, totaling $267K in sales volume. In just the last 3 months, 1 properties changed hands.
There are currently 2 active listings in Sherwood, Michigan. 1 new listings have hit the market in the last 90 days. The median asking price is $298K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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