Neighborhood Profile

Sherwood Forest

Mesquite, TX | Dallas County
Scored premium profile
Best Neighborhoods USA Index
32.6
National rank: #12,955 of 14,967
Stability and Strength
17.6
Score
Value Opportunity
39.2
Score
Momentum
47.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMesquite, TX
CountyDallas County
National rank#12,955 of 14,967
State rank#1,047 of 1,241
City rankNot available
County rank#140 of 152
National percentile13.5
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$230,730
Year-over-year home value change-0.4%
Month-over-month home value change0.22%
Home value to income ratio4.09
Median household income$56,429
Bachelor's degree or higher6.2%
Civilian unemployment rate9.6%
Homeownership rate38.6%
Housing vacancy rate10.0%
Rent burden 30% or higher95.4%

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 Forest

What is the Best Neighborhoods USA ranking for Sherwood Forest?

Sherwood Forest is ranked No published Mesquite rank is currently available; #1,047 of 1,241 eligible neighborhoods in TX; and #12,955 of 14,967 eligible neighborhoods in the United States.

Is Sherwood Forest one of the best neighborhoods in Mesquite?

Sherwood Forest has a Best Neighborhoods USA Index of 32.6 and a city ranking of No published Mesquite rank is currently available.

How much are homes worth in Sherwood Forest?

The current Zillow Home Value Index for Sherwood Forest is approximately $230,730.

Are home values rising or falling in Sherwood Forest?

Zillow neighborhood values changed -0.4% year over year and 0.22% month over month.

What is the Neighborhood Momentum Score for Sherwood Forest?

Sherwood Forest has a Neighborhood Momentum Score of 47.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Sherwood Forest?

The NDS-derived neighborhood median household income is approximately $56,429.

How affordable is Sherwood Forest relative to household income?

The current Zillow home-value-to-household-income ratio is 4.09. Price-to-income affordability is a major Value Opportunity input.

Is Sherwood Forest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 38.6%.

What is the unemployment rate in Sherwood Forest?

The NDS-derived civilian unemployment rate is approximately 9.6%.

How educated are residents of Sherwood Forest?

Approximately 6.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Sherwood Forest face high rent burden?

Approximately 95.4% 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 Forest?

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

FULL_OR_NEAR_FULL

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 applications54
Estimated originations26
Home-purchase applications28
Origination rate48.2%
Home-purchase share52.6%
Average application loan$463,042
Total application loan amount$25,028,610
National application rank#6,930 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -64.9% YoY; originations -70.7% 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.

Texas Current Housing Market

Current housing market in Sherwood Forest

A current-market snapshot based on active sale listings observed in the certified National Data System Texas housing refresh.

47
Active listings observed
$205,000
Median asking price
$174.28
Median asking price / sq. ft.
95.0
Median days on market
1,362 sq. ft.
Median home size
Observed asking-price range: $45,000 to $430,000 Newest listing observed: 2026-09-11 19:00:00-05:00
How this current-market geography is determined

Coverage basis: Exact neighborhood matches plus strong Census Block Group associations.

9 exact polygon matches; 38 strong supplemental associations. Exact Zillow polygon membership and supplemental Census Block Group association remain separate in the governed data. Supplemental associations are not represented as exact Zillow polygon membership.

Current listing observations are separate from BestNeighborhoodsUSA rankings and do not change neighborhood scores, ranks, historical Zillow trends, Census measures, or HMDA mortgage intelligence.