Sherwood Forest is an upscale enclave of curving, English-inspired streets and larger historic homes near Palmer Park. Owners of these substantial houses often choose a fast cash sale when downsizing, relocating, or settling an estate that would otherwise sit on the market.
The Sherwood Forest market
The typical home in Sherwood Forest is worth about $396,296 as of July 2026, against roughly $76,084 across Detroit as a whole. Sherwood Forest sits well above the citywide figure, which matters when you sell: an offer benchmarked to Detroit averages will be far too low for this area. Values are up 1.5% over the past year.
Compare it against the rest of Detroit or Wayne County. Figures from Zillow Research public data.