Sherwood Lakes Homes for Sale

Sherwood Lakes is a community in Greenacres, Palm Beach County, Florida. Active listings are priced from $250,000 to $349,999. Homes were built between 1981 and 1982. Pure Equity lists homes in Sherwood Lakes and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Sherwood Lakes and the Greenacres area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 8 Sherwood Lakes Greenacres homes for sale as of October 2026. The median asking price is $321,000. Asking prices run from $260,000 to $349,000.

That is 31% above the Greenacres median of $245,000. On a per-foot basis, homes here ask about $216 per square foot, roughly in line with the city at $212. So the median price buys roughly 1,500 square feet of living area.

Listings here have averaged 50 days on the market. That is faster than the Greenacres average of 97 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Sherwood Lakes date from 1981 to 1982. That puts them between 44 and 45 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in Sherwood Lakes have a median asking rent of $2,650 per month, across 2 active rental listings. For comparison, the Greenacres median is $2,100, so rents here run 26% higher.

You can browse current Greenacres rentals or ask us for a rent estimate on a specific Sherwood Lakes home.

Here is what the median Sherwood Lakes price means in Florida closing terms. At $321,000, a 20% down payment comes to about $64,000, leaving a loan near $257,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $900. Next, the intangible tax of 0.2% adds about $514. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Sherwood Lakes median, that is about $2,250.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Sherwood Lakes listings show assignments to Heritage (elementary), L. C. Swain (middle) and Santaluces (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.