Housing in Sherman, TX
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$256,500
Median List Price
$285,490
Price Per Sq Ft
$151
Days on Market
95
Active Inventory
327
Months of Supply
7.0
Buyer's market
Zillow Home Value
$252,835
ZHVI — January 2026
Zillow Rent Index
$1,367
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
27.7%
Off Market in 2 Weeks
17.6%
Sale-to-List Ratio
98.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
47
New Listings
93
Pending Sales
74
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$151
Median List $/SF
$160
Sherman vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Sherman is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$219,300
Median Rent
$1,177
Total Housing Units
18,987
Vacancy Rate
8.3%
Owner Occupied
53.0%
Renter Occupied
47.0%
Median Property Tax
$2,983
per year
Monthly Cost (w/ Mortgage)
$1,187
Housing Types
The current median sale price in Sherman, TX is $256,500 according to Redfin data. Homes spend a median of 95 days on the market. 27.7% of homes sold above asking price. The market has 7.0 months of supply. The median price per square foot is $151. Zillow's observed rent index is $1,367/month. About 53.0% of housing units are owner-occupied. The median year homes were built is 1978. There are 18,987 total housing units.