Housing Prices in Sherman, TX
How much do homes in Sherman, TX cost?
Median List Price
$319,746
$174/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Sherman has increased by 6.5% since last year.
Summary: The median home list price in Sherman was $319,746 in May 2024, up 6.5% from the previous year, and the median price per square foot was $174.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | $134K | +35.4% |
| 2 Bedrooms | $165K | $168.5K | +2.1% |
| 3 Bedrooms | $278.6K | $292.3K | +4.9% |
| 4 Bedrooms | $395.4K | $399.9K | +1.1% |
| 5+ Bedrooms | $475K | $475K | 0.0% |
Summary: Sherman housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.4%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Sherman | $300.3K | $319.7K | +6.5% |
| Howe | $299.7K | $312.5K | +4.3% |
| Denison | $239.9K | $246.7K | +2.8% |
| East Grayson | $296.3K | $300K | +1.3% |
Housing Supply in Sherman, TX
How many homes are available in Sherman, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 340 | 377 | +10.9% |
Summary: The Sherman real estate market had 377 homes for sale in May 2024, a 10.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 18 | 22 | +22.2% |
| 3 Bedrooms | 185 | 191 | +3.2% |
| 4 Bedrooms | 101 | 124 | +22.8% |
| 5+ Bedrooms | 34 | 39 | +14.7% |
Summary: The Sherman housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes increased by 14.7%.
Days on Market for Sherman, TX
How long does it take to sell a home in Sherman, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 127 Days | 77 Days | -39.4% |
Summary: Homes in Sherman had an average listing age of 77 days in May 2024, down by 39.4% compared to the previous year.
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