SHERWOOD PARK Housing Report – Spring 2025 | Topeka KS Real Estate Trends
The housing market in Sherwood Park, Topeka continues to reflect steady activity and growing demand. With buyers actively exploring the neighborhood and sellers receiving competitive offers, staying informed about real estate trends has never been more valuable. Whether you're planning to sell soon or simply want to monitor your home's value, this local update provides the insight you need to navigate the market confidently.
SHERWOOD PARK HOUSING MARKET OVERVIEW
The housing market in Sherwood Park, Topeka has shown consistent strength, with 17 homes sold in recent months. The average sale price came in at $426,093, while the median sale price was $392,500. Homes spent an average of 27 days on the market, demonstrating that well-priced listings continue to move efficiently. On average, homes offered about 2,528 square feet of finished living space, and the price per square foot was approximately $168.
Ranch-style homes remain the most common in Sherwood Park, often favored for their layout and accessibility. Properties ranged in build year from 1998 to 2025, creating a mix of mature homes and newer construction. As of this update, 4 homes are currently active and 4 are under contract, reinforcing the neighborhood's balanced and appealing real estate landscape. This report reflects activity over the past 12 months, providing a year-long perspective of trends in Sherwood Park.
Currently active listings are averaging about $181 per square foot, which is higher than the $168 average for sold listings, showing that sellers are aiming higher—though time on market may be impacted. In fact, active listings are averaging 36 days on market, compared to 27 days for recently sold homes.
Additionally, homes that sold at their original list price averaged just 13 days on market, while those that required a price change before selling stayed listed an average of 32 days. These stats further emphasize the power of pricing your home correctly right from the start.
Ranch-style homes remain the most common in Sherwood Park, often favored for their layout and accessibility. Properties ranged in build year from 1998 to 2025, creating a mix of mature homes and newer construction. As of this update, 4 homes are currently active and 4 are under contract, reinforcing the neighborhood's balanced and appealing real estate landscape. This report reflects activity over the past 12 months, providing a year-long perspective of trends in Sherwood Park.
HOW PRICING AFFECTS DAYS ON MARKET IN SHERWOOD PARK
In Sherwood Park, strategic pricing continues to play a key role in how quickly homes sell. Properties listed at market value based on comparable sales tended to sell within just a few days, while those priced too high sat longer and often required reductions before finding a buyer. Sellers who align their list price with current demand benefit from faster sales and stronger offers, making pricing guidance a crucial part of the listing process.
SHERWOOD PARK REAL ESTATE PRICES BY HOME STYLE
Homebuyers in Sherwood Park can choose from a range of architectural styles, each offering different price points and values:
- Ranch: Average price $412,180, approx. $164 per square foot
- 2-Story: Average price $350,000, approx. $148 per square foot
- 1.5-Story: Average price $436,000, approx. $132 per square foot
- Split-Level: Average price $335,000, approx. $204 per square foot
Each style has its appeal, but Ranch homes continue to dominate the local market due to their single-level convenience and broad buyer interest.
HOW GARAGE CAPACITY AFFECTS HOME VALUE IN SHERWOOD PARK
Garage capacity plays a noticeable role in determining home value in Sherwood Park, Topeka. Homes with larger garage capacities tend to attract more interest from buyers looking for space, convenience, and functionality—particularly among families and homeowners with multiple vehicles. This added utility often translates into stronger resale values. Based on recent sales:
- 1-car garage: Average price $335,000
- 2-car garage: Average price $421,641
- 3-car garage (or more): Average price $477,118
If you’re asking, “Does a 3-car garage add value in Sherwood Park?”—the numbers make it clear. Larger garage capacity can lead to higher sale prices, particularly when paired with larger floorplans or newer construction.
THINKING OF SELLING IN SHERWOOD PARK? HERE’S HOW TEAM RINGGOLD CAN HELP
If you're a Sherwood Park homeowner and you're thinking about selling, Team Ringgold is here to help. We provide free, personalized home value estimates using the latest data specific to your property and location.
With over 30 years of experience in the Topeka real estate market, our full-time professionals bring unmatched local knowledge and smooth, proven systems to every transaction. From customized pricing strategies to expert negotiations, our team is ready to deliver real results.
Contact Team Ringgold today for a personal consultation. We’ll help you make informed decisions and take the next step with confidence.
