Sherwood, Oregon Real Estate Market Update and 2026 Forecast

Each month, we highlight specific Portland suburbs in and around Portland and report our findings in our Portland Suburb Real Estate Market Reports. We also cover the Portland metro as a whole for a comprehensive look at what to expect in today’s real estate market. 

This month, we take a closer look at the suburb of Sherwood. Home to old-world charm set inside a beautiful wine setting, Sherwood is located in Washington County, roughly 16 miles southwest of downtown Portland. This small suburb of 20,000 residents is home to numerous wineries, including Ponzi Vineyards,  Alloro Vineyards, and Blakeslee Vineyards, as well as Cooper Mountain Ale Works. The charming downtown has antique shopping, great food, coffee, specialty shops, and historical buildings. The town hosts many annual events, including the Sherwood Robin Hood Festival, and has 13 parks for the community to enjoy. 

Sherwood, Oregon Housing Inventory Is High But Declining 

As of November 2025, Sherwood is following the typical seasonal downward trend that begins in September, dropping to 69 as of November 14th, 2025, down from 83 in the prior month and 81 two months ago. During the fall, new listings slow as many sellers wait for the busier spring market. 

Though Sherwood’s inventory is high, it is slightly below the 75 listings for the same period in 2024, a year marked by unusually high inventory throughout Portland. Inventory was also on par with 2024 throughout the summer, rather than higher. Both points point to a welcome market correction, but for now, the suburb continues to offer buyers more selections, putting more pressure on sellers. 

Sherwood, Oregon Inventory Chart. Courtesy of Fidelity National Title.

When comparing Sherwood to the Portland metro area overall, the Portland metro area still shows higher levels each year. Current numbers make 2025 the most supplied November in the past four years. This difference points to a slightly healthier market in Sherwood. 

Sherwood, Oregon Real Estate Prices Continue to Sit Above the Portland Average

As in prior years, home prices in Sherwood have remained stable this fall, with only slight month-to-month shifts. We find that price-per-square-foot data is the best method of defining home values in Portland. As of November 14th, it sits at $319 per square foot, down slightly from $322 the prior month and up from $313 two months ago, a trend consistent with previous years.

Looking year over year, the $319 price is a modest increase from the 2024 total of $311 but lower than 2023 ($329) and 2022 ($346). The numbers follow along with trends we see in inventory levels, where lower quantities of homes result in higher pricing. The current total reflects a market that is improving since last year’s dip, again showing a possible market correction.  

Sherwood’s pricing continues to perform above Portland Metro’s current average (currently $308). This difference is consistent with its strong appeal and higher-end suburban profile. Unlike Sherwood, the Portland Metro area slipped slightly below 2024 levels, aligning with what we see in the area’s inventory. 

Sherwood, Oregon Price Per Square Foot Chart. Courtesy of Fidelity National Title.

Homes in Sherwood are spending fewer days on the market than 2024, but still sit higher than 2023 and 2022. This trend yet again aligns with what we see with inventory and price-er-foot data, pointing to a correction in the Sherwood market. 

As of November 14th, 2025, the average days on market sits at 121 days, up from 115 last month and 113 two months ago, a trajectory that aligns with seasonal trends. This is a  notably faster pace than the 135 days at the same time last year. 

The Portland metro area shows a similar upward trend for the season, but the days on the market continue to increase year over year. This again points to the strong appeal and higher-end suburban profile of Sherwood. However, 

Sherwood’s average days on the market total of 121 is higher than the Portland average of 110. A comparatively higher total also came in 2024, while prior years fell more in line with the metro area, even slightly below. It is worth noting, however, that longer market times are common in higher-priced and highly desirable suburbs where buyers typically take more time before making a decision. 

Sherwood, Oregon Average Days on the Market Chart. Courtesy of Fidelity National Title.

Browse all Oregon City, Sherwood homes for sale using the interactive map on Portlandhomesforsale.com.

Sherwood in 2025 is following its seasonal patterns, but also shows signs of improvement that will likely extend to 2026. Inventory has eased off from the 2024 high, but remains high enough to give buyers more options than average, keeping some pressure on sellers. 

At the same time, price-per-square-foot data shows a stable market with only minor month-to-month shifts and shows signs of an upward movement. Despite longer market times, Sherwood is still performing above the Portland metro average, reflecting its continued appeal and higher-value suburban profile.

Looking further out, interest rates will again be a significant factor in how the market performs. Even if interest rates hold, we will likely continue to see improvement in Sherwood over the Portland average, making it an appealing location for investment. We expect home prices in the Sherwood, Oregon real estate market to increase 1-3% in 2026.

Whether you are looking to buy or sell a home in Sherwood, we would love to be a part of your success story. Our experienced top 1% buyer’s agents are experts at negotiating on behalf of our clients. And our top 1% seller’s agents will employ our optimized marketing strategy to give your home the most exposure for the fastest, most rewarding selling experience (not to mention we charge less than most). We have tons of sales experience in Sherwood with over 2,000 homes sold overall. Give us a call at 503-714-1111 or chat with the bot on this site. We’d love to connect today!