Sherman, TX housing market
The typical Sherman home is worth about $253,000, down 6.8% in a year, 16% below the Texas typical home. Homes typically sell in 80 days, below asking.
Home values, sales, trends and how Sherman compares with the towns next door — updated as new data is published.
Sherman at a glance
A buyer's market
More homes are for sale than are selling — about 7 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Sherman | Texas |
|---|---|---|
| 2017 | $147,000 | $190,000 |
| 2018 | $166,000 | $202,000 |
| 2019 | $180,000 | $214,000 |
| 2020 | $188,000 | $223,000 |
| 2021 | $206,000 | $242,000 |
| 2022 | $248,000 | $286,000 |
| 2023 | $275,000 | $313,000 |
| 2024 | $278,000 | $311,000 |
| 2025 | $282,000 | $311,000 |
| 2026 | $264,000 | $303,000 |
| August 2026 | $253,000 | $299,000 |
1,034 new homes permitted in 2025
Builders were permitted 1,034 new homes in Sherman in 2025: 634 single-family houses and 400 in buildings with two or more homes, worth about $241.3 million to build. That's 22 per 1,000 residents, faster than across Texas (8.1). Over the past 10 years, Sherman has permitted 6,968 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Sherman gained 5,124 residents while 2,183 new homes were permitted: about 2.3 new residents per new home. Building and growth moved roughly in step. Across Texas: 2.6 new residents per new home.
How Sherman ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 475 | 465 | 10 | $143.9 million |
| 2025 | 1,034 | 634 | 400 | $241.3 million |
| 2024 | 1,272 | 648 | 624 | $275.3 million |
| 2023 | 1,550 | 291 | 1,259 | $249.1 million |
| 2022 | 1,425 | 815 | 610 | $271.7 million |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 395 | 294 | 101 | $80.8 million |
| 2019 | 560 | 225 | 335 | $91 million |
| 2018 | 390 | 194 | 196 | $45.8 million |
| 2017 | 197 | 170 | 27 | $28.3 million |
| 2016 | 145 | 101 | 44 | $19 million |
| 2015 | 134 | 128 | 6 | $19.9 million |
| 2014 | 119 | 119 | 0 | $16.9 million |
| 2013 | 266 | 87 | 179 | $27.9 million |
| 2012 | 48 | 48 | 0 | $8.5 million |
| 2011 | 37 | 29 | 8 | $5.3 million |
| 2010 | 287 | 35 | 252 | $15.9 million |
| 2009 | 46 | 44 | 2 | $8.6 million |
| 2008 | 129 | 113 | 16 | $17.8 million |
| 2007 | 370 | 138 | 232 | $33.5 million |
| 2006 | 179 | 165 | 14 | $20.9 million |
| 2005 | 415 | 191 | 224 | $31.9 million |
| 2004 | 168 | 168 | 0 | $18.6 million |
| 2003 | 178 | 166 | 12 | $16.9 million |
| 2002 | 196 | 184 | 12 | $20.3 million |
| 2001 | 125 | 111 | 14 | $12.1 million |
| 2000 | 64 | 60 | 4 | $8.5 million |
How Sherman ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Sherman and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Sherman | $253K | −6.8% | $1,340 | 1,034 | $58,859 |
| Howe | $239K | −9.5% | $1,360 | 407 | $51,108 |
| Denison | $223K | −6.6% | $1,290 | 123 | $67,365 |
| Knollwood | — | −3.9%† | $1,400 | — | $55,819 |
| Dorchester | — | +5.3%† | $1,370 | — | $2,499 |
† FHFA price index change, where Zillow has no home value for the town.
4.3 years of income
The typical Sherman home costs about 4.3 years of the town's median household income, more than across Texas (3.8 years).
How Sherman ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,340
HUD's Fair Market Rent for a two-bedroom in Sherman is $1,340 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Sherman pay a median of $1,324. A two-bedroom takes about 27% of the town's median household income.
Studio $1,080 · 4 bedrooms $2,160
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (75090, 75092, 75459; Sherman-Denison, TX MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.