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All market snapshots / 97140

Sherwood, OR 97140 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Sherwood, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 4848PendingPending sales: 33
Sherwood, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $595k$595kSoldMedian sold price (last 6 months): $640k$640k
What homes actually sell for in Sherwood, OR
Distribution of 232 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $550k to $790k
$385k to $562k: 60 sales$385k$562k to $738k: 93 sales93sales$738k to $915k: 31 sales$738k$915k to $1.09M: 6 sales$1.09M to $1.27M: 8 sales$1.09M$1.27M to $1.45M: 4 sales$1.45M to $1.62M: 4 sales$1.45M$1.62M to $1.8M: 4 salesMedian $640k

What the numbers say

As of October 26, 2026, Resideline is tracking 48 active listings and 3 pending sales in ZIP code 97140. That pending-to-active ratio of 0.06 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $594,999, while the median of the 232 closed sales Resideline tracked over the last six months was $640,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 97140 for 76 days.

Frequently asked questions

What is the median home price in 97140?

The median closed sale price in Sherwood, OR 97140 was $640,000 over the last six months, based on 232 closed sales tracked by Resideline. The middle half of those sales ranged from $549,900 to $790,000.

Is 97140 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 48 active listings in 97140, a pending-to-active ratio of 0.06. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 97140 is currently a typical-pace market.

Nearby ZIP code market data

Full Sherwood, OR housing market report →

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