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Oakland County · Realcomp closed sales, 2025-08 to 2026-08

Lake Sherwood: waterfront sale statistics

Waterfront homes on Lake Sherwood sold for a median of $987,000 across 12 closed sales — statistics the portals cannot show because they do not search by lake. Sales sit in Commerce Township.

By Cyrus Wheeler, Broker/Owner · Updated · Statistics computed from Realcomp closed sales.

Median waterfront sale
$987,000

12 closed sales · typical range $800,000–$1,069,900

Median days on market
10
All-sports on sale records
12 of 12

agent-entered flag, not a legal designation

The lakefront tax trap. Waterfront sellers have often owned for decades, so their capped taxable value sits far below half of today's price — which means the year-two uncapped bill jumps further than buyers expect anywhere else. The seller's tax line on the listing is their history, not your future.

Homes for sale on Lake Sherwood right now

Listing photo, Commerce Township

$949,000

4977 Wavewood Drive · Commerce Township

4 bd · 4 ba · 2,376 sqft

Realcomp IDX Listing courtesy of EXP Z Real Estate

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-25T23:19+00:00; refreshed at least twice daily.

Common questions

What do homes on Lake Sherwood sell for?

The median waterfront sale on Lake Sherwood was $987,000 across 12 closed sales, 2025-08 to 2026-08, with half of sales between $800,000 and $1,069,900.

Is Lake Sherwood an all-sports lake?

12 of 12 sale records listed the lake as all-sports (agent-entered — confirm the current designation with the township before you buy for boating).

What happens to property taxes when I buy on Lake Sherwood?

Michigan taxable value uncaps the year after you buy and resets to roughly half the price — and waterfront premiums make the gap between the seller's capped bill and yours larger than on an ordinary street. Run the uncapping calculator before you offer.

Water-body names come from listing records; a lake spanning counties may appear once per county. Medians publish only at 6+ sales.