Is Sherwood, AR 72120 a buyer’s or seller’s market?

The Sherwood housing market right now

In the three months ending August 31, 2026, 17% of homes in Sherwood, AR 72120 sold above their list price, the typical home went under contract in 47 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 161 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (19% then), homes sold more slowly (45 days then) and the median sale price rose 9% to $262,386. Overall, Sherwood is about as competitive as it was a year ago.

Within Pulaski County, homes here sell faster than in 84% of the county’s ZIP codes, and sell more often over asking than in 84%. On our competition score, Sherwood ranks #19 of 132 AR ZIP codes with enough sales (score 41 out of 100).

Nearby, buyers who want less competition could look at Little Rock 72201 (0% sold over asking) or Little Rock 72207 (5% sold over asking), while Little Rock 72211 (24% sold over asking) is even more competitive.