Rental market snapshot for Sherwood Forest, Charlotte

Sherwood Forest rental market summary

The rental market in Sherwood Forest, North Carolina is showing signs of growth. In July 2023, there were 17 new listings, a 6.6% increase from the previous month. This is a sign that the rental market is becoming more active. The median rent in July 2023 was $2,095, a 5.0% increase from the same time last year. This indicates that rental prices are increasing in the area, likely due to increased demand.

Overall, the rental market in Sherwood Forest, North Carolina is showing signs of growth. With more new listings and increasing rental prices, it is likely that the rental market will continue to grow in the coming months. This is good news for landlords and renters alike, as it indicates a healthy and active rental market.

Median rent for all residential properties in Sherwood Forest

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The most expensive listings and top trending buildings in Sherwood Forest

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Bedroom Breakdown in Sherwood Forest

1 Bedroom
$900
MEDIAN RENT

Sherwood Forest neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Sherwood Forest, North Carolina, for studios.

The rental market for 1-bedroom apartments in Sherwood Forest, North Carolina, is relatively stable. In December 2022, there will be one new 1-bedroom listing, and the median rent for 1-bedroom apartments will remain unchanged at $900. This indicates that the rental market is not experiencing any significant changes in the short-term.

Uh-oh! Looks like we don't have any data in Sherwood Forest, North Carolina, for 2-bedroom apartments.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Sherwood Forest is $2,095.
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