Sherwood's housing market heads into fall 2026 from a position of genuine competitiveness — Redfin classifies it as "very competitive," with homes averaging 29 days on market and typically receiving multiple offers. That competitiveness sits alongside the specific carrying-cost consideration that Sherwood buyers need to understand: the city carries the highest median effective property tax rate of any city in Washington County.
The Fall Market Shift
Fall in Washington County brings the Pacific Northwest seasonal deceleration — listing volume drops, buyer activity thins from spring peak, and the buyers who remain through October and November are the most deliberate and motivated. In a market that Redfin rates as very competitive, fall's reduced competition does not make Sherwood a buyer's market — but it does make the experience more manageable for buyers who have been frustrated by the spring and summer pace.
Sherwood's median home price is running approximately $631,000 as of recent data, up from prior periods and reflecting the city's combination of Sherwood School District quality, Old Town character, and Washing...