Sherwood, OH

Full City Profile · Ohio · Defiance County County

3.9 /5.0
B+ Good
770 Population 2,089/sq mi density
$75,147 Median Income $29,772 per capita
$128,500 Home Value $168,083 Zillow
$790 Median Rent 18.7% income on rent
50°F Avg Temperature
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$75,147 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$128,500 home value, $790/mo rent
C
Education
2.2 / 5.0
15.6% bachelor's degree or higher

Housing Overview

Median Home Value
$128,500
54% below
US avg: $281,900
Median Rent
$790/mo
32% below
US avg: $1,163/mo
Homeownership Rate
77.3%
18% above US avg (65.4%)
Total Housing Units
301
Median year built: 1956

Home Value by Source

Census Median
$128,500
Zillow (ZHVI)
$168,083
Redfin Median Sale
$475,000
Median Sale Price
$475,000
Median List Price
$409,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.3%
Owner-Occupied
22.7%
Renter-Occupied
77%
23%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $790/mo

Market Indicators (Redfin)

Median Sale Price
$475,000
Median Days on Market
4 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$269
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
18.7%
of renters spending 30%+ of income on housing
40% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
77.3%

Complete Housing Data

Home Values

Census Median Value$128,500
Zillow Home Value (ZHVI)$168,083
Redfin Median Sale$475,000
Median Sale Price$475,000
Median List Price$409,500
Price Per Sq Ft$269

Rent

Census Median Rent$790
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market4
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold1
Active Inventory4
Price Per Sq Ft$269

Ownership & Stock

Owner-Occupied77.3%
Renter-Occupied22.7%
Homeownership Rate77.3%
Total Housing Units301
Median Year Built1956
Rent Burden18.7%