Sherman Home Values

Sherman sits at the northern edge of the DFW growth corridor, roughly 60 miles from downtown Dallas in Grayson County along US-75. As the county seat and home to Austin College, the city has long balanced small-town character with regional service-center practicality. Texas Instruments' massive semiconductor fab south of town has reshaped expectations, drawing national builders like DR Horton, Lennar, and Riverside into master-planned communities such as Hickory Hill, Bel Air Village, Westmoor, and Hidden Meadows. Proximity to the Oklahoma border gives Sherman a geographic identity distinct from core DFW suburbs — more elbow room, more acreage lots, and noticeably lower price points.

Sherman's price per square foot settled near roughly $158 in recent closings, a slight pullback from the full-year average that points to softening per-unit valuations even as the headline median approached roughly $299K. Based on MLS data for May 2026 closings in Sherman, sellers received close to 96 cents on the dollar — a marginal uptick from the annual pace. Concessions appeared in more than half of all transactions, with the typical seller-paid credit climbing to roughly $10,500, up from the full-year average of roughly $9,000. Year-over-year, the median price moved less than 1%, suggesting price appreciation has largely stalled.

Active supply in Sherman has remained elevated, with roughly 10 months of inventory on hand — a market posture that continues to favor buyers with time to be selective. Pending volume sits well below new listing activity, indicating that homes are not clearing the pipeline at a pace that would reduce available choice. The closing timeline has edged slightly longer compared to the full-year trend, a directional signal consistent with buyer patience outpacing seller urgency.