Metropolitan market · Texas · June 2026 data

Sherman Real Estate Market

The Sherman, TX housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Sherman report in a click.

Median listing price
$349,950
▼ 5.1% YoY
Median $ / sq ft
$184
1,917 sq ft median
Median days on market
71
June 2026
Active listings
1,306
For sale now
New listings
330
June 2026
Listings with price cuts
27%
Share of active
Median sale price (closed)
$315,000
▼ 5.9% YoY · closed sales
Sale-to-list ratio
96.8%
Closed sales
Homes sold / month
229
Closed sales
Median listing price trend
$371K$363K$355K$347K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Sherman TX · trailing 8 quarters · source: public records and industry data.

The 10-year view
$400K$359K$319K$278K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Sherman TX · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
1,306
New this month
330
Pending
324
Price-reduced
357

As of June 2026, the median home listed in Sherman, TX asks $349,950 — down 5.1% from a year ago. Homes are taking a median of 71 days to go under contract, and 27% of the 1,306 active listings have taken a price cut, which points to a balanced market. Figures cover the Sherman-Denison, TX metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
39/100
#685 of 932 covered metros
12-month outlook
-3.6%
▼ Cooling · model output, not advice
Price volatility
High
σ 6.9% · 20-yr price-index swings
Momentum
44
Value
48
Rental yield
73
Supply risk
99
Market heat
22

Sherman scores 39/100 on our composite Investor Score (#685 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 51% over five years and +116% over ten, leaving prices 58% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,351/mo for a two-bedroom, the gross rental yield on the median listing is about 4.6%; active inventory sits at 216% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 5.1% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Sherman ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,577/mo
−$179/mo vs today
At today's rate · 6.43%
$1,757/mo
National weekly average
If rates rise 1% · 7.43%
$1,944/mo
+$187/mo vs today

Principal & interest on the $349,950 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
1,892
▼ 16.7% vs 2024
13.5 per 1,000 residents
Net migration (2022–2023)
+2,226
▲ people, via tax-return records
net income flow +$141.1M/yr
Job growth (YoY)
+1.1%
▲ 55.3k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Sherman market FAQs

What is the median home price in Sherman?
As of June 2026, the median listing price in Sherman, TX is $349,950, down 5.1% year over year (source: public records and industry data). Figures cover the Sherman-Denison, TX metro area.
How fast are homes selling in Sherman?
The median property in Sherman spends 71 days on the market, with 1,306 homes actively listed and 27% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Sherman?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Sherman and the wider Texas market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Sherman-Denison, TX metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.