Lake Sherwood
Closed-sale statistics for Lake Sherwood, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $995,000
- Median days on market
- 56
- List-to-sale ratio
- 94.9%
5 closed sales, 2025-09-01 to 2026-09-01 — thin sample
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $995,000, in Huron Valley Schools at 27.52 homestead mills, the year-two bill is approximately $13,691 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Lake Sherwood compares in Commerce Township
Of the 16 Commerce Township subdivisions and condo projects we publish statistics for, Lake Sherwood's $995,000 median ranks 1 of 16 — 194% above the tracked-Commerce Township median of $338,500.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Lake Sherwood | $995,000 | 5 | $13,691 |
| Lake Sherwoodno 15 | $755,000 | 6 | $10,389 |
| The Hills Of Bogie Lake OCCPN 1521 | $687,500 | 10 | $8,432 |
| Charlton Estates | $626,750 | 6 | $7,687 |
| Beacon Hill OCCPN 993 | $530,000 | 8 | $7,293 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
For sale in Lake Sherwood right now
Listing courtesy of Eichner Realty, LLCIDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Greater Metropolitan Association of REALTORS, ©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 2026-09-22T08:54-04:00; refreshed at least twice daily.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
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Common questions
What is the median home price in Lake Sherwood?
The median closed sale price in Lake Sherwood (Commerce Township) is $995,000, from 5 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Lake Sherwood?
At the median price, taxable value uncaps to roughly $497,500 and the year-two bill in Huron Valley Schools is approximately $13,691 at homestead rates.
How does Lake Sherwood compare with other Commerce Township subdivisions?
Its $995,000 median ranks 1 of 16 Commerce Township projects we track — 194% above the tracked-city median of $338,500.
More context: Commerce Township property tax rates · school district breakdowns · all calculators