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Sherwood village, OH

ZIP 43556 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 43556

Median Home Value
$164,400
Median Rent
$521
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,056/mo PITI).

9%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 43556 in Sherwood village, OH, a household would need roughly $45,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,056. That sits below the local median household income ($67,500), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
87.5%+34% vs US avg
x
Vacancy Rate
11.9%+15% vs US avg
x
Broadband Access
87.9%+1% vs US avg
x
4+ Bedrooms
3.9%-74% vs US avg
x
Built Pre-1939
1.7%-87% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
8.8%-82% vs US avg
x
Mortgage-Free
51.8%+36% vs US avg
x
$164,400
Home Value
$521
Rent
1974
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached88.7%
  • 1-unit attached2.3%
  • 2-9 units4.4%
  • 10+ units0.0%
  • Mobile home & other4.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$164,400
Median rent$521
Owner-occupied87.5%
Vacant11.9%
Price-to-income2.4x
Est. income to buy$45,000