Sherman, Texas, is a growing city in North Texas that offers a blend of small-town charm and increasing economic opportunity. With major developments like the Texas Instruments and GlobalWafers facilities, Sherman is attracting new residents and seeing a dynamic shift in its housing market. If you’re considering a move to this vibrant community, here’s a comprehensive look at homes for sale in Sherman, TX.
Understanding the Sherman Housing Market
The Sherman housing market is an evolving landscape. As of April/May 2025, here’s what you need to know:
- Median Listing Price: The median listing home price in Sherman was around $309,983 to $329,500. This figure has remained relatively stable or seen slight fluctuations year-over-year.
- Median Sold Price: The median sold home price in April 2025 was approximately $270,200 to $349,990, indicating that homes are often selling below their initial listing price.
- Price Per Square Foot: The median price per square foot ranges from $173 to $176.
- Days on Market: Homes in Sherman are generally selling after 61 to 93 days on the market, a decrease from the previous year, suggesting a faster pace of sales.
- Market Type: As of April 2025, Sherman is considered a buyer’s market, meaning there’s a greater supply of homes than demand. However, some sources indicate it was a seller’s market in April 2025, suggesting a dynamic and potentially shifting environment. This indicates that while buyers have more options, certain segments of the market might still be competitive.
- Inventory: The number of homes for sale in Sherman has seen an increase recently, with approximately 470-483 homes on the market in April 2025.
New Construction Homes in Sherman
Sherman is experiencing a boom in new construction, driven by its economic growth. Many reputable builders are active in the area, offering a variety of floor plans and community amenities. You’ll find new homes ranging from the mid-$200s to over $600,000, with various bedroom and bathroom configurations. Some notable builders with active projects include:
- D.R. Horton
- Highland Homes
- Lennar
- Meritage Homes
- Riverside Homebuilders
- K Hovnanian Homes
- Wyldewood Homes
These new developments often feature modern designs, energy-efficient features, and access to new infrastructure.
Homes for Sale by Zip Code
Sherman is primarily served by two main ZIP codes: 75090 and 75092.
- 75090: This ZIP code covers a significant portion of Sherman, including parts of its historic district and more established neighborhoods, as well as new developments on the outskirts. Homes here vary widely in style, age, and price.
- 75092: This ZIP code tends to encompass more of the newer growth areas and developments in Sherman, particularly to the south and west. You’ll find a mix of new construction and more recently built homes.
Both ZIP codes offer a diverse range of housing options, from historic bungalows to sprawling new builds.
Investing in Sherman Real Estate
Sherman’s economic expansion, particularly with the arrival of major tech companies, is poised to have a significant impact on its housing market. While there may be a current oversupply in the short term, projections indicate a potential housing shortage in the coming years with higher household growth rates. This suggests that investing in Sherman real estate could be a sound long-term strategy. The city is also seeing a willingness from buyers to consider diverse housing types, including townhomes, which could offer more affordable entry points into the market.
Life in Sherman, TX
Beyond the housing market, Sherman offers a welcoming environment with a variety of attractions and amenities:
- Education: Sherman Independent School District (ISD) serves the city, with a range of elementary, middle, and high schools. There are also private school options available.
- Outdoor Activities: Enjoy parks like Fairview Park, explore the Hagerman National Wildlife Refuge, or cool off at The Splash water park. Lake Texoma is also a short drive away, offering boating, fishing, and other recreational opportunities.
- Arts and Culture: Downtown Sherman boasts a thriving arts scene with boutiques, art galleries, museums, and performance venues. Don’t miss the Hot Summer Nights free concert series or the annual Autumn and Arts Fest.
- History: Delve into the past at the Eisenhower Birthplace State Historic Site, the Harber Wildlife Museum, The Sherman Museum, or the Red River Historical Museum.
- Dining and Shopping: Downtown Sherman offers unique local eateries and shops, while larger retail centers provide a wider array of options.
Conclusion
Sherman, TX, presents an exciting opportunity for homebuyers and investors alike. With a growing economy, a diverse housing market, and a community rich in history and amenities, it’s a city poised for continued growth. Whether you’re looking for a charming historic home, a brand-new construction, or a solid investment, Sherman has something to offer. It’s advisable to work with a local real estate agent who can provide up-to-date market insights and guide you through the process of finding your perfect home in Sherman.
