House Prices

Sherwood Forest Indianapolis, IN House Prices & Home Values 2026


Average Data

average house price$267,993
average size per house2087 ft²
average price per ft²140 $ / ft²

04/15/2026 - The value range (VR) for house prices in Sherwood Forest Indianapolis, IN is $133/ sqft to $147/ sqft. An average home with 2087 sqft costs approximately $301,165 to $332,867. Indianapolis, IN includes 1 ZIP codes and it is located in Marion county. The lowest prices are found in ZIP 46240, while the highest are in ZIP 46240. The average price per sqare feet is $140. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Sherwood Forest Indianapolis

46240137 $ / ft²




Historical development of home values in Sherwood Forest Indianapolis

Year Estimated value (USD) Change vs. 2025
2010 $124,461 -53.6%
2011 $119,648 -55.4%
2012 $119,326 -55.5%
2013 $123,786 -53.8%
2014 $129,941 -51.5%
2015 $136,610 -49.0%
2016 $143,739 -46.4%
2017 $151,497 -43.5%
2018 $159,873 -40.3%
2019 $167,286 -37.6%
2020 $175,934 -34.4%
2021 $200,106 -25.3%
2022 $233,279 -13.0%
2023 $246,003 -8.2%
2024 $260,235 -2.9%
2025 $267,993 0.0%

Graph: estimated home values in Sherwood Forest Indianapolis over time (USD)



Example: 100% financing house in Sherwood Forest Indianapolis

Loan amount: $267,993

Interest rate: 6.51%

Fixed monthly payment: $1,695.66

Breakdown in the 1st month:
Interest portion: $1,453.86  –  Principal portion: $241.80

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,358.18 $2,989.75 $265,003.25
2 $17,157.64 $3,190.29 $261,812.96
3 $16,943.64 $3,404.29 $258,408.67
4 $16,715.29 $3,632.65 $254,776.02
5 $16,471.62 $3,876.32 $250,899.71
6 $16,211.60 $4,136.33 $246,763.37
7 $15,934.14 $4,413.79 $242,349.59
8 $15,638.08 $4,709.86 $237,639.73
9 $15,322.15 $5,025.78 $232,613.95
10 $14,985.03 $5,362.90 $227,251.05
11 $14,625.30 $5,722.64 $221,528.41
12 $14,241.43 $6,106.50 $215,421.91
13 $13,831.82 $6,516.11 $208,905.80
14 $13,394.73 $6,953.20 $201,952.60
15 $12,928.33 $7,419.60 $194,533.00
16 $12,430.64 $7,917.30 $186,615.70
17 $11,899.56 $8,448.37 $178,167.33
18 $11,332.86 $9,015.07 $169,152.26
19 $10,728.15 $9,619.78 $159,532.48
20 $10,082.87 $10,265.06 $149,267.42
21 $9,394.31 $10,953.62 $138,313.80
22 $8,659.56 $11,688.37 $126,625.43
23 $7,875.53 $12,472.40 $114,153.03
24 $7,038.91 $13,309.02 $100,844.01
25 $6,146.17 $14,201.76 $86,642.25
26 $5,193.54 $15,154.39 $71,487.86
27 $4,177.02 $16,170.92 $55,316.94
28 $3,092.30 $17,255.63 $38,061.31
29 $1,934.83 $18,413.10 $19,648.21
30 $699.72 $19,648.21 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Sherwood Forest Indianapolis, IN


1500 sqft3900 sqft
Ø selling price$275,699$586,486
Ø fast selling$250,636$527,838
Ø high price sale$300,762$645,135

In 2026, houses in Sherwood Forest Indianapolis, IN will be offered at an average price of $140 per square foot. A 1,500 sqft home priced at $275,699 is 24.96% more expensive per square foot than a 3,900 sqft home priced at $586,486. Home prices in Sherwood Forest Indianapolis, IN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $406,029. Sellers who can wait longer may achieve a higher price of up to $496,258.


Sherwood Forest in Indianapolis, IN: Neighborhood Guide and Real Estate

Location and Access

Sherwood Forest is a leafy northside Indianapolis neighborhood known for quiet streets and convenient access.
Situated in Washington Township near Keystone at the Crossing and I-465, residents enjoy easy commutes to downtown and the suburbs.

Commuters appreciate quick connections via Keystone Avenue, 86th Street, and I-465 to major employers and medical centers.

Homes and Real Estate

The housing stock features mid-century ranches, updated two-stories, and custom homes set on generous, wooded lots.
Buyers exploring Sherwood Forest Indianapolis real estate will find a steady market with competitive pricing compared to nearby Nora and Castleton areas.

Schools, Parks, and Amenities

Daily needs are covered by nearby shopping, dining, and services, including the Fashion Mall, grocery options, and local coffee shops.
Outdoor lovers enjoy access to parks and trails like the Monon Trail, Holliday Park, and neighborhood greens for walking, jogging, and biking.

Families value access to Washington Township schools and several respected private schools within a short drive.

Community and Value

Community pride shows in well-kept homes, informal block gatherings, and an active neighborhood spirit.
Whether you are browsing homes for sale or researching lifestyle, Sherwood Forest offers a balanced mix of tranquility, convenience, and long-term value in Indianapolis.



FAQ – Home Values in Sherwood Forest Indianapolis

What is the median home value in Sherwood Forest Indianapolis in 2026?

In 2026, the typical home value in Sherwood Forest Indianapolis is about $267,993 for an average home size of 2087 square feet. This corresponds to an average price of roughly $140 per square foot.

What is the average cost per square foot in Sherwood Forest Indianapolis?

In 2026, homes in Sherwood Forest Indianapolis sell for an average of around $140 per square foot, with a typical range between $133 and $147 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Sherwood Forest?

The average home size in Sherwood Forest Indianapolis is about 2087 square feet, with an estimated 2026 value around $267,993.



Neighborhoods close to Sherwood Forest Indianapolis, IN

Acton Indianapolis, IN120 $ / ft²
Shorewood Forest Valparaiso, IN154 $ / ft²
Downtown Goshen Goshen, IN84 $ / ft²
Bridgeport Indianapolis, IN108 $ / ft²
Lamb Lake Trafalgar, IN115 $ / ft²
University Park Greenwood, IN113 $ / ft²




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