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MI area data

Sherwood, MI

Sherwood, MI.

Population: 2,154 (Census ACS)

Home values & appreciation

Median home value
$159,738
1-year appreciation
+4.1%
3-year appreciation
+1.7%
5-year appreciation
+0.4%
All-time peak (2022-04)
$167,082
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$430,000
Median list price
$229,000
Median days on market
13 days
Sale-to-list ratio
101.2%
Active listings
2
1-year forecast
-1.5%

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
hail, iceStorm, strongWind, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
49.0°F
Average high
58.0°F
Average low
39.0°F
Annual precipitation
40.1 in
Annual snowfall
39.9 in

Walkability & transit

Walkability index
3.7 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Branch County Memorial Airport (11 mi)
Nearest major airport
Battle Creek Executive Airport at Kellogg Field (BTL) (21 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-67 tax filers

Housing stock

Median year housing built
1,967
Median annual property tax
$1,689
Mean commute to work
33 min
Households with broadband internet
51.4%

Employment & development

Total county employment
12,199
Average weekly wage
$938
Top industries (by employment)
Accommodation & Food, Health Care, Wholesale Trade
Annual residential building permits (county)
4

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents