Sherwood, AR Real Estate
According to census data in the year 2000 there were 9,200 housing units in Sherwood.
This represents a 24.7% growth from 7,375 in 1990.
Of those housing units, 8,997 were located in either urbanized areas or urban clusters, and 203 were located in what is classified as a rural area.
Homeownership rate in Sherwood is about 68%.
Sherwood's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Sherwood were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 6.80% |
| Two Bedrooms | 23.60% |
| Three Bedrooms | 57.90% |
| Four Bedrooms | 10.30% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $91,700 |
| Median Price asked for vacant units | $144,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $452 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 4.30% |
| Simple Mortgage | 61.90% |
| Debt Free | 26.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
