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All market snapshots / 97140

Sherwood, OR 97140 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Sherwood, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 3636PendingPending sales: 44
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): $572k$572kSoldMedian sold price (last 6 months): $650k$650k
What homes actually sell for in Sherwood, OR
Distribution of 276 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $550k to $800k
$385k to $556k: 59 sales$385k$556k to $726k: 103 sales103sales$726k to $897k: 58 sales$726k$897k to $1.07M: 9 sales$1.07M to $1.24M: 7 sales$1.07M$1.24M to $1.41M: 6 sales$1.41M to $1.58M: 4 sales$1.41M$1.58M to $1.75M: 3 salesMedian $650k

What the numbers say

As of September 14, 2026, Resideline is tracking 36 active listings and 4 pending sales in ZIP code 97140. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $572,475, while the median of the 276 closed sales Resideline tracked over the last six months was $650,000. 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 55 days.

Frequently asked questions

What is the median home price in 97140?

The median closed sale price in Sherwood, OR 97140 was $650,000 over the last six months, based on 276 closed sales tracked by Resideline. The middle half of those sales ranged from $550,000 to $800,000.

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

Resideline is currently tracking 4 pending sales against 36 active listings in 97140, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 97140 currently looks like a balanced market.

Nearby ZIP code market data

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