Your Sherwood Oaks Market Update.
What are homes really selling for in one of Bloomington's most established neighborhoods? We took a closer look at recent Sherwood Oaks sales, and the results may surprise you.
Prepared for Sherwood Oaks homeowners by Duke Conrad Realty.
Sherwood Oaks at a Glance
A snapshot of 17 closed single-family listings from our recent 2026 MLS-series review.
Average sale price: $372,494. These figures describe the reviewed sample, not an appraisal or a valuation of every home in the neighborhood.
Sherwood Oaks has long been a recognizable part of Bloomington's south side, offering established homes, mature landscaping, and convenient access to neighborhood recreation.
But when it comes to real estate values, not every Sherwood Oaks home competes in the same price range.
In our recent review, some homes sold around $300,000 while others reached more than $400,000. In fact, nearly 47% of the 17 reviewed sales closed at $400,000 or more.
Let's look at the transactions behind those numbers and what they may mean for your property.
This closing represents the highest-priced Sherwood Oaks transaction identified in our current 2026 MLS-series sample.
It also highlights why understanding a property's layout, finished living area, and condition is essential when comparing neighborhood sales.
Two homes may have a similar footprint but deliver very different value to buyers.
What Have Sherwood Oaks Homes Sold For?
Here are seven notable closed sales from our recent MLS review, illustrating the neighborhood's higher-priced transactions.
| Property | Sold Price |
|---|---|
| 3685 S Sowder Square | $441,500 |
| 1060 E Jennifer Drive | $429,900 |
| 3855 S Bainbridge Drive | $429,000 |
| 1419 E Elliston Drive | $425,000 |
| 1325 E Elliston Drive | $410,000 |
| 714 E Allendale Drive | $410,000 |
| 3832 S Laura Way | $408,000 |
Selected closed transactions from the reviewed Sherwood Oaks MLS dataset. This is not the complete list of all neighborhood sales.
Not All Sherwood Oaks Homes Sell in the Same Price Range.
We divided the 17 reviewed transactions into three price categories to see where homes are selling.
Distribution of the 17 closed single-family sales in the reviewed 2026 MLS-number series. Percentages rounded.
Are Sherwood Oaks Home Prices Rising?
To understand the broader pricing picture, we compared the closed sales within our 2025 and 2026 MLS-number groups.
29 sales in sample
$225.84 median price per above-grade finished sq. ft.
17 sales in sample
$224.68 median price per above-grade finished sq. ft.
Not necessarily. These groups contain different properties, and MLS-number prefixes do not independently verify each home's closing year. Differences in renovations, square footage, floor plans, and condition can affect the median. The change should not be treated as a neighborhood appreciation rate.
What Makes Sherwood Oaks Special?
Sherwood Oaks offers many of the qualities buyers appreciate about Bloomington's established neighborhoods: mature trees, varied home styles, and a residential setting with a long history.
Sherwood Oaks Park, located along East Elliston Drive, provides recreation opportunities and connections to the Jackson Creek Trail.
Homes throughout the neighborhood vary in layout, condition, and finished space, making an individualized pricing approach especially valuable.
Read Our Sherwood Oaks Neighborhood Guide
How Is the Greater Bloomington Market Performing?
Sherwood Oaks has its own pricing characteristics, but buyers also compare homes across Bloomington and Monroe County.
According to the Indiana Association of REALTORSĀ®, Monroe County recorded the following statistics during September 2026.
These countywide figures provide additional context for sellers evaluating competition, pricing, and available inventory.
Explore Bloomington Market ReportsThree Things to Consider Before Selling.
The best pricing strategy starts with understanding your property, not simply applying the neighborhood median.
Compare the Right Homes
Square footage, layout, recent renovations, and property condition can make a significant difference when selecting comparable sales.
Evaluate Your Home's Advantages
Finished lower levels, outdoor living areas, lot characteristics, garages, and improvements can influence buyer interest and marketability.
Understand Today's Competition
Closed sales are important, but current active and pending listings help determine how to position your property for today's buyers.
Curious What Your Sherwood Oaks Home Could Sell For?
Your home is more than the neighborhood average. We can help you understand how recent sales, property improvements, and current competition relate to your home's potential market value.
Whether you're considering a move or simply keeping an eye on your investment, we'd welcome the opportunity to help.
Personalized guidance Ā· Local market knowledgeAbout This Market Report & Data Sources
Prepared October 2026 for the November 2026 Sherwood Oaks neighborhood mailing. The underlying review includes 50 completed single-family sales from the supplied neighborhood MLS dataset.
The comparative 2025 and 2026 MLS-number groups include 29 and 17 sales, respectively. These groups were classified by MLS-number prefixes rather than individually verified closing dates and therefore should not be interpreted as complete calendar-year sales totals.
Neighborhood statistics exclude condo/villa records and records designated "Sold Comp Only." Price-per-square-foot metrics use above-grade finished living area unless otherwise identified.
Countywide September 2026 statistics are attributed to the Indiana Association of REALTORSĀ® Monroe County market report. All information is provided for general market education and is not an appraisal or guarantee of any property's market value.