Momentum Housing Data · Home Values · Bay County

Sherwood Home Values: What Homes Actually Sell For

Sherwood (Panama City, FL): 5 recorded closings in the 12 months ending 2026-07-28, a 13-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

Median sold price
$205,000
-10.9% vs prior year · window ending 2026-07-28
Median days to sell
47
from list to contract-to-close record

In the current window, sellers accepted a median 86.4% of original asking; the median sale took 47 days (window ending 2026-07-28).

The 13-year recorded price history

20132026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$205,0004786.4%5
2025$230,0003394.8%5
2024$228,7506290.2%6
2022$235,0001499.4%7
2021$174,9001097.3%13
2020$159,9003893.8%7
2019$145,0002398.7%7
2018$105,0002893.1%5
2017$114,0004392.2%11
2016$85,0002997.0%7
2015$44,6811493.1%5
2014$70,0007882.9%7
2013$75,0009483.4%5

Over the recorded series, Sherwood’s median sold price moved from $75,000 (2013) to $205,000 (12 months ending 2026-07-28) — +173% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Sherwood, briefly

The recorded series starts in 2013 at $75,000. The 2020–22 run-up did what it did everywhere — Sherwood’s median moved +62% from 2019 to 2022. Against the 2022 peak of $235,000, the current median stands at -13%. Annual sales volume here has ranged from 1 to 13 closings a year (10-yr average 6.8). With roughly 6.8 closings a year, Sherwood’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

What actually trades here: 100% single-family residence in the current window.

The Sherwood housing stock, from the live feed

From the live MLS feed as of 2026-09-02: The homes listed or recently sold were built between 1960 and 1960 (median 1960); 3 of 3 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 14 ft. See the current Sherwood listings →

At Sherwood’s $205,000 median and Bay County’s adopted 12.28 mills (FY2025-26), a home assessed at that price carries roughly $2,520 a year in property tax before exemptions, or about $2,030 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Bay County tax page.

Selling in Sherwood right now: what the record says

Momentum’s market-heat index for Sherwood reads 23/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

The table above is the closed-sale record to price a Sherwood home against; asking prices are an opening position, recorded closings are the value.

What would YOUR Sherwood home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

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How Sherwood compares with its neighbors

Communities buyers shopping Sherwood are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
Hentz B$182,500436
Bayview$105,000215
Kings Point$601,0004917
Oakland Terrace$152,5001013

More Sherwood: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures