What is the Best Neighborhoods USA ranking for Sherwood Park?
Sherwood Park is ranked #8 of 8 eligible neighborhoods in Huntsville; #213 of 258 eligible neighborhoods in AL; and #13,328 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Sherwood Park
Huntsville, AL | Madison County
Scored premium profile
Best Neighborhoods USA Index
30.9
Stability and Strength
41.3
Value Opportunity
32.5
Momentum
12.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Huntsville, AL |
| County | Madison County |
| National rank | #13,328 of 14,967 |
| State rank | #213 of 258 |
| City rank | #8 of 8 |
| County rank | #8 of 8 |
| National percentile | 11.0 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $224,255 |
| Year-over-year home value change | -3.8% |
| Month-over-month home value change | -0.39% |
| Home value to income ratio | 21.40 |
| Median household income | $10,481 |
| Bachelor's degree or higher | 48.3% |
| Civilian unemployment rate | 0.5% |
| Homeownership rate | 19.7% |
| Housing vacancy rate | 3.8% |
| Rent burden 30% or higher | 65.3% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Sherwood Park
Is Sherwood Park one of the best neighborhoods in Huntsville?
Sherwood Park has a Best Neighborhoods USA Index of 30.9 and a city ranking of #8 of 8 eligible neighborhoods in Huntsville.
How much are homes worth in Sherwood Park?
The current Zillow Home Value Index for Sherwood Park is approximately $224,255.
Are home values rising or falling in Sherwood Park?
Zillow neighborhood values changed -3.8% year over year and -0.39% month over month.
What is the Neighborhood Momentum Score for Sherwood Park?
Sherwood Park has a Neighborhood Momentum Score of 12.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Sherwood Park?
The NDS-derived neighborhood median household income is approximately $10,481.
How affordable is Sherwood Park relative to household income?
The current Zillow home-value-to-household-income ratio is 21.40. Price-to-income affordability is a major Value Opportunity input.
Is Sherwood Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 19.7%.
What is the unemployment rate in Sherwood Park?
The NDS-derived civilian unemployment rate is approximately 0.5%.
How educated are residents of Sherwood Park?
Approximately 48.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Sherwood Park face high rent burden?
Approximately 65.3% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Sherwood Park?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications14
Estimated originations10
Home-purchase applications5
Origination rate69.7%
Home-purchase share38.2%
Average application loan$157,289
Total application loan amount$2,182,133
National application rank#11,711 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -8.4% YoY; originations -3.6% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.