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.
Home Trends in Sherwood Forest, MI
On average, homes in Sherwood Forest, Detroit sell after 28 days on the market compared to the national average of 52 days. The median sale price for homes in Sherwood Forest, Detroit over the last 12 months is $500,000, up 59% from the median home sale price over the previous 12 months.
Median Sale Price
$500,000
Median Single Family Sale Price
$450,000
Average Price Per Sq Ft
$147
Number of Homes for Sale
7
Last 12 months Home Sales
13
Median List Price
$500,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
59%
