Why Live in Sherwood Forest
Sherwood Forest, an established neighborhood in Norfolk, Virginia, is located less than 3 miles west of the Hampton Roads Beltway. This area is known for its leafy, sidewalk-lined streets and a mix of charming vintage homes and modern new builds. The neighborhood appeals to both military personnel and civilians due to its proximity to military bases and convenient access to major thoroughfares like East Princess Anne Road and Interstate 64. Homes in Sherwood Forest range from mid-20th-century bungalows, Cape Cods, and ranch-style houses to new constructions with traditional features and modern conveniences. Sizes vary from 700 to 2,800 square feet. Residents enjoy local dining options such as Ocean Blue Seafood and Tubby’s, and have convenient shopping at nearby Piggly Wiggly, Walmart Supercenter, and IKEA. Sherwood Forest is within 5 miles of Norfolk’s numerous events and festivals, including Harborfest and the Norfolk Waterfront Jazz Festival. For outdoor activities, North Foxhall Park and the Sherwood Forest Community Center offer playgrounds, tennis courts, and basketball courts. The neighborhood is served by Norfolk City Public Schools, with Sherwood Forest Elementary School located close by. Norfolk International Airport is just 2.5 miles away, and Norfolk Naval Station is 8 miles from the neighborhood. Public transportation options include Hampton Roads Transit buses and The Tide light rail line.
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 with some transit options. Sherwood Forest is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Sherwood Forest has 6 parks for recreational activities. It is fairly dense in population with 11.8 people per acre and a median age of 38. The average household income is $83,035 which is below the national average. College graduates make up 15% of residents. A majority of residents in Sherwood Forest are home owners, with 39.1% of residents renting and 60.9% 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, VA a safe neighborhood?
Sherwood Forest, VA 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 $277,750. If you put a 20% down payment of $55,600 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $1,440 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $62K a year to afford the median home price in Sherwood Forest. The average household income in Sherwood Forest is $83K.
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:
- Norfolk Academy has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.5.
What are the most popular zip codes in Sherwood Forest, Norfolk, VA?
What are the most popular neighborhoods near Sherwood Forest, Norfolk, VA?
Are home prices dropping in Sherwood Forest?
Yes, home prices in Sherwood Forest are down 4% in the last 12 months.
Home Trends in Sherwood Forest, VA
On average, homes in Sherwood Forest, Norfolk sell after 22 days on the market compared to the national average of 51 days. The median sale price for homes in Sherwood Forest, Norfolk over the last 12 months is $277,750, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$277,750
Median Single Family Sale Price
$271,100
Median Townhouse Sale Price
$390,000
Average Price Per Sq Ft
$210
Number of Homes for Sale
2
Last 12 months Home Sales
17
Median List Price
$277,750
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%