Sherwood Forest
Closed-sale statistics for Sherwood Forest, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $445,000
- Median days on market
- 24
- List-to-sale ratio
- 95.4%
13 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $445,000, in Detroit City School District at 64.18 homestead mills, the year-two bill is approximately $14,281 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Sherwood Forest compares in Detroit
Of the 185 Detroit subdivisions and condo projects we publish statistics for, Sherwood Forest's $445,000 median ranks 2 of 185 — 394% above the tracked-Detroit median of $90,000.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Palmer Woods | $800,000 | 9 | $25,674 |
| Sherwood Forest | $445,000 | 13 | $14,281 |
| Golf Club Add | $407,500 | 10 | $13,078 |
| Joy Farm Also P39 | $372,000 | 7 | $11,938 |
| Lincolnshire | $335,000 | 7 | $10,751 |
| Boston Blvd | $332,500 | 12 | $10,671 |
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.
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 Sherwood Forest?
The median closed sale price in Sherwood Forest (Detroit) is $445,000, from 13 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Sherwood Forest?
At the median price, taxable value uncaps to roughly $222,500 and the year-two bill in Detroit City School District is approximately $14,281 at homestead rates.
How does Sherwood Forest compare with other Detroit subdivisions?
Its $445,000 median ranks 2 of 185 Detroit projects we track — 394% above the tracked-city median of $90,000.
More context: Detroit property tax rates · school district breakdowns · all calculators