Why Live in Sherwood Park
Sherwood Park, located just a mile north of downtown Richmond in the Northside area, is a historic neighborhood originally developed in the late 1800s as one of the city’s first streetcar suburbs. Known for its quiet, leafy streets lined with mature trees and sidewalks, Sherwood Park features a variety of architectural styles, including Cape Cods, Colonial Revivals, and brick ranch homes on quarter-acre lots. The neighborhood is highly walkable, with easy access to Scott’s Addition, a popular dining district known for its breweries, and is conveniently situated near Interstate 64. Local amenities include Chrysalis Institute’s Park and outdoor labyrinth, Park365 with play areas for children, and a range of dining options such as Brickhouse Diner and ZZQ Texas-style barbeque. For entertainment, residents can visit Movieland, River City Roll, or catch a game at The Diamond baseball stadium. Grocery shopping is convenient with Aldi, Whole Foods, and Kroger nearby, along with daily essentials available at Walgreens. Sherwood Park is also close to Veritas School, a highly rated private Christian school, and is served by Richmond Public Schools. The neighborhood benefits from lower crime rates compared to the national average, and its proximity to Interstate 64 and GRTC bus services provides excellent connectivity. Richmond International Airport is approximately 15 minutes or 12 miles away, making travel easy for residents.
Frequently Asked Questions
Is Sherwood Park a good place to live?
Sherwood Park is a good place to live. Sherwood Park is considered car-dependent and bikeable with some transit options. Sherwood Park is a suburban neighborhood. Sherwood Park has 7 parks for recreational activities. It is somewhat dense in population with 7.0 people per acre and a median age of 46. The average household income is $83,989 which is below the national average. College graduates make up 49.2% of residents. A majority of residents in Sherwood Park are renters, with 52.5% of residents renting and 47.5% of residents owning their home. A
local real estate agent serving Sherwood Park can help you decide if this neighborhood is the right one for you. Learn more on our
Sherwood Park neighborhood guide.
Is Sherwood Park, VA a safe neighborhood?
Sherwood Park, VA is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Sherwood Park?
The median home price in Sherwood Park is $545,000. If you put a 20% down payment of $109,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $2,830 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $121K a year to afford the median home price in Sherwood Park. The average household income in Sherwood Park is $84K.
What are the best public schools in Sherwood Park?
The best public schools that serve Sherwood Park are:
What are the best private schools in Sherwood Park?
The best private schools that serve Sherwood Park are:
What are the most popular zip codes in Sherwood Park, Richmond, VA?
What are the most popular neighborhoods near Sherwood Park, Richmond, VA?
Are home prices dropping in Sherwood Park?
Yes, home prices in Sherwood Park are down 6% in the last 12 months.
Home Trends in Sherwood Park, VA
On average, homes in Sherwood Park, Richmond sell after 44 days on the market compared to the national average of 51 days. The median sale price for homes in Sherwood Park, Richmond over the last 12 months is $517,500, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$517,500
Median Single Family Sale Price
$525,000
Average Price Per Sq Ft
$256
Number of Homes for Sale
2
Last 12 months Home Sales
11
Median List Price
$545,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-10%