Sherman, TX Housing Market: 885 Homes Sold (September 2025 to September 2026)
Buyers hold the cards: most homes sell under asking and take about 55 days to find a buyer.
Sherman market at a glance
- Homes sold (12 months): 885
- Median sale price: $277,000 (about $1,576/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $155
- Median days on market (list to contract): 55; 10.6% went under contract within a week
- Sold over asking: 11.9% · Sold under asking: 70.5%
- Typical home: 3 bed, 1,809 sqft, built 2021, mostly Sherman ISD
- Price range of sales: $40,000 – $1,700,000
- On the market right now: 415 active listings, 99 under contract, 5.6 months of supply, median asking $289,900
- How buyers paid: Conventional 40.2%, FHA 26.1%, VA 9.8%, Cash 20.6%, Other 3.3%
- Seller contributions: 63.8% of sellers chipped in, typically $7,821
- Contract to close: about 29 days
- Median rent (same home types, 513 closed leases): $1,750/month. Owning the median home runs about $1,576/month principal & interest with 10% down
- HOA: 46.7% of sales had a mandatory HOA, typically $52/month
- New construction: 43.6% of sales, median $279,990 vs $272,000 resale
Five-year price history in Sherman
Median sale price by quarter: 2022 Q1: $269,500 · 2023 Q1: $275,495 · 2024 Q1: $299,656 · 2025 Q1: $287,600 · 2026 Q1: $289,650 · 2026 Q4: $302,000.
Median price by elementary school zone
- Percy W Neblett: 172 sales, median $288,490, $151/sqft
- Henry W Sory: 158 sales, median $290,950, $155/sqft
- Dillingham: 131 sales, median $256,395, $150/sqft
- Fairview: 95 sales, median $246,225, $148/sqft
- Parker: 63 sales, median $260,000, $157/sqft
- Wakefield: 60 sales, median $244,824, $152/sqft
- S And S: 59 sales, median $460,000, $183/sqft
- Crutchfield: 54 sales, median $194,320, $145/sqft
- Tom Bean: 33 sales, median $449,900, $198/sqft
- Washington: 21 sales, median $197,000, $145/sqft
- Perrin: 14 sales, median $325,000, $162/sqft
- Summit Hill: 14 sales, median $450,000, $210/sqft
Pricing right vs. cutting the price in Sherman
Sellers who held their original asking price sold in 19 days at 98.1% of ask. Sellers who overpriced and later cut took 95 days and kept 91.1% of the original ask, roughly $20,600 left on the table on a typical Sherman listing.
Most active Sherman neighborhoods
- Sweetwater: 71 sales, median $273,990, 38 days on market
- Luella Crossing: 43 sales, median $215,999, 18 days on market
- Westmoor: 43 sales, median $305,000, 91 days on market
- Heritage Ranch: 41 sales, median $350,000, 100 days on market
- Bel Air Village: 38 sales, median $299,990, 116 days on market
- Hidden Meadows: 36 sales, median $226,999, 24 days on market
- Three Oaks: 19 sales, median $249,990, 61 days on market
- The Hills of Sherman: 15 sales, median $229,990, 28 days on market
- Canyon Creek Estates: 11 sales, median $624,376, 134 days on market
- Hanolley Hills: 11 sales, median $250,000, 53 days on market
Nearby markets
Denison · Van Alstyne · Pottsboro · Howe · Gunter · Whitesboro · Gordonville · Whitewright
Common questions
Is now a good time to buy in Sherman? Buyers hold the cards: most homes sell under asking and take about 55 days to find a buyer.
What does the typical Sherman home cost? $277,000, about $155 per square foot, or roughly $1,576/month with 10% down before taxes and insurance.
How fast do homes sell in Sherman? The typical home went under contract in 55 days; 10.6% sold within the first week.
Is it cheaper to rent or buy in Sherman? The median Sherman lease ran $1,750/month this year, while principal and interest on the median $277,000 home is roughly $1,576/month with 10% down, before taxes and insurance.
Source: NTREIS MLS closed sales, September 5 2025 to September 5 2026. Aggregate data only; Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Text Ryan · Call/text (972) 974-1821.