4 homes in Lake Sherwood
Homes for Sale in Lake Sherwood, CA
About Lake Sherwood, CA Real Estate
Lake Sherwood is an unincorporated community in the Santa Monica Mountains, in Ventura County, California overlooking Lake Sherwood reservoir. It is a body contact lake, located south of the Conejo Valley and city of Thousand Oaks, and west of Westlake Village. The lake is naturally fed by thousand of acres of open-space, watershed mountains and natural springs.
Lake Sherwood is a community in California offering diverse housing options and local amenities. The city provides residents with access to quality schools, parks, shopping, and dining, making it an attractive option for homebuyers seeking comfortable living in California's mountain communities.
Today, Lake Sherwood has 4 homes for sale at a median price of $5,295,000, typically selling in about 117 days.
Lake Sherwood Market Analysis
Homes in Lake Sherwood carry a median list price of $5.3M. Per square foot, the median stands at $856. The median price moved from $2.5M in December 2025 to $1.9M in July 2026, a 24.2% decrease over six months.
The typical listing reaches pending status in about 121 days. At that pace, buyers have time to weigh options, and sellers benefit from realistic pricing. Right now 4 homes are on the market in Lake Sherwood. 1 new listings came on the market in the last 30 days.
Single family homes account for essentially all of the current inventory. The area falls within the 91361 ZIP code.
Why Live in Lake Sherwood?
- Local schools and educational opportunities
- Parks and recreational facilities
- Shopping and dining options
- Access to major freeways and transportation
Lake Sherwood Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 117 days to sell, and 75% of current listings have been up for more than 30 days. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$5.29M
Chart shows the median closed sale price by month
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Lake Sherwood
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
88%
Homeowners
12%
Renters
Homeownership is 32.5 points higher than the California average (55.5%)
576 households (2023)
Price Reductions
2 listings have reduced their price
50% of active listings
Average reduction: 14.2% (~$752K)
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Frequently Asked Questions about Homes for Sale in Lake Sherwood, CA
How many homes are for sale in Lake Sherwood, CA?
There are currently 4 homes for sale in Lake Sherwood, ranging from $2,599,999 to $5,695,000.
What is the median home price in Lake Sherwood?
The median list price in Lake Sherwood is $5,295,000. Price per square foot averages $863.
How fast do homes sell in Lake Sherwood?
Homes in Lake Sherwood currently average 117 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
Is Lake Sherwood a buyer's or seller's market right now?
Current conditions point to a strong buyer's market. 2 active listings have reduced their asking price, which signals where sellers are willing to negotiate.
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