Sherman, TX Foreclosures
How much do homes sell for in Sherman, TX?
The average home price is currently $291,742.
In Sherman, TX, how many homes are available?
There are currently 65 active home listings available in Sherman.
What’s the average rental cost in Sherman, TX?
The average rental price in Sherman is $1,281.
What is the most expensive home in Sherman?
The most expensive home sold in Sherman had a price of $13,495,500.
What is currently the cheapest priced home in Sherman, TX?
The cheapest home for sale in Sherman is priced at $12,342.
Living in Sherman, TX
Sherman, Texas, is a charming city that combines small-town warmth with the conveniences of modern living. With a rich history and a vibrant downtown area, Sherman offers a variety of shops, parks, and community events. Its strategic location along U.S. Highway 75 provides residents easy access to nearby cities and attractions, making it an appealing place for families and professionals alike.
Current Market Conditions in Sherman, TX
The real estate market in Sherman, TX, has shown resilience and growth in recent years. The increasing demand for housing, coupled with the city's expanding economic opportunities, has resulted in a steady appreciation of property values. The current market is characterized by a mix of single-family homes and modern developments, catering to various buyer preferences, from young families to retirees. Agents note that properties are selling quickly, often above the listing price, as buyers look to capitalize on the area's affordable yet attractive lifestyle.
In recent months, the housing inventory has tightened, leading to increased competition among buyers. Multi-family developments and new residential projects are underway to accommodate the surrounding growth and demand, indicating a positive direction for the market.
Home Value Estimator For Sherman, TX
There are currently 18,180 real estate properties
in Sherman, TX,
with a median automated valuation model (AVM) price
of $236,114.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sherman, TX, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Sherman, TX,
is $291,742.00, with the most expensive house
in Sherman, TX, topping out
at $13,495,500.00 and the cheapest home
in Sherman, TX,
clocking in at $12,342.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sherman, TX!
Rent Prices
In Sherman, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sherman, TX, is on
a rollercoaster ride. The
average rent price in Sherman, TX,
is $1,281.00. Indeed, when looking to rent in
Sherman, TX, you can expect to pay as little
as $550.00 or as much
as $3,960.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Sherman, TX
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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