Sherwood, Franklin County, TN

Median Home Price Price

$241,004 $241K

Median Monthly Rent Rent

$1,048 $1K

19.0x

Market Snapshot

Sherwood, Franklin County, TN is a city market with a median home price of $241,004, a median monthly rent of $1,048, a GRM of 19.0x, and a price-to-rent ratio of 19.2.

More markets to explore

Explore the data
Region Show
$284K $920 26.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Elmwood, Smith County, TN
$270K $910 25.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Sherwood

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Benchmark comparison

Compare Sherwood, TN to another market.

Sherwood, TN
Belvidere, TN
Delta
Median rent
$1,048
N/A
Median price
$241,004
N/A
YoY change
+$59
N/A
Price-to-rent
19.2x
Data unavailable

Key takeaways

  • Sherwood, Franklin County, TN has a higher-grm screening profile: At 19.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $59 year over year.
  • Next discovery step: compare Belvidere, Franklin County, TN from the Same county set.