Why Live in Sherwood Forest
Sherwood Forest in Detroit is a historically affluent neighborhood known for its rich history, beautiful homes, and close-knit community. The area features a variety of architectural styles, including Colonial, Tudor, Victorian Revival, Mediterranean, and French-influenced homes, mostly built between the 1920s and 1950s. These homes sit on approximately 4,000 square foot lots with long driveways and backyard garages. Residents enjoy the lush, tree-lined streets and well-maintained landscaping that contribute to the neighborhood's charm. The community is active, with year-round events such as picnics, potlucks, and park beautification projects fostering a strong sense of camaraderie among neighbors.
Sherwood Forest's central location offers convenient access to shopping and dining along the Livernois Avenue of Fashion, including popular spots like Mike’s Fresh Market and Pequeno Cantina. The intersection of Woodward and 8 Mile, just a 10-minute drive away, features big box stores like Meijer and Marshalls. Palmer Park, a short walk from the neighborhood, provides over 290 acres of recreational space with tennis courts, a disc golf course, a basketball court, and a 2.5-mile walking trail. The nearby Detroit Golf Club offers two 18-hole courses and an exclusive clubhouse.
Transportation is facilitated by clean paved sidewalks, bike lanes, and bus routes along major streets, with a new transit center at 8 Mile and Woodward. Major freeways like The Lodge and Interstate 75 are about 3 miles away. Sherwood Forest's combination of historic charm, community spirit, and convenient location makes it a unique neighborhood in Detroit.
Frequently Asked Questions
Is Sherwood Forest a good place to live?
Sherwood Forest is a good place to live. Sherwood Forest is considered car-dependent and somewhat bikeable with some transit options. Sherwood Forest is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Sherwood Forest has 1 park for recreational activities. It is somewhat dense in population with 6.8 people per acre and a median age of 47. The average household income is $162,054 which is above the national average. College graduates make up 77.2% of residents. A majority of residents in Sherwood Forest are home owners, with 5.1% of residents renting and 94.9% of residents owning their home. A
local real estate agent serving Sherwood Forest can help you decide if this neighborhood is the right one for you. Learn more on our
Sherwood Forest neighborhood guide.
Is Sherwood Forest, MI a safe neighborhood?
Sherwood Forest, MI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Sherwood Forest?
The median home price in Sherwood Forest is $414,900. If you put a 20% down payment of $83,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $92K a year to afford the median home price in Sherwood Forest. The average household income in Sherwood Forest is $162K.
What are the best public schools in Sherwood Forest?
The best public schools that serve Sherwood Forest are:
What are the best private schools in Sherwood Forest?
The best private schools that serve Sherwood Forest are:
What are the most popular zip codes in Sherwood Forest, Detroit, MI?
What are the most popular neighborhoods near Sherwood Forest, Detroit, MI?
Home Trends in Sherwood Forest, MI
On average, homes in Sherwood Forest, Detroit sell after 81 days on the market compared to the national average of 70 days. The median sale price for homes in Sherwood Forest, Detroit over the last 12 months is $785,000, up 155% from the median home sale price over the previous 12 months.
Median Sale Price
$785,000
Median Single Family Sale Price
$536,513
Median Townhouse Sale Price
$527,000
Median 2 Bedroom Sale Price
$390,000
Average Price Per Sq Ft
$275
Number of Homes for Sale
3
Last 12 months Home Sales
7
Median List Price
$414,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
155%
