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Foreclosure Homes in Sherman, TX

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Sherman, TX Foreclosures

How much do homes sell for in Sherman, TX?
The average home price is currently $292,935.
In Sherman, TX, how many homes are available?
There are currently 72 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 $6,802,541.
What is currently the cheapest priced home in Sherman, TX?
The cheapest home for sale in Sherman is priced at $12,094.

Living in Sherman, TX

Sherman, TX is a vibrant community that combines the charm of a small town with access to modern amenities. It is surrounded by beautiful natural landscapes and offers a variety of recreational activities for residents and visitors. With its strong educational institutions and thriving local businesses, Sherman is a great place to consider for real estate investment.

Current Market Conditions in Sherman, TX

The real estate market in Sherman, TX is currently experiencing a stable growth trend, with an increase in home sales. Property values are steadily rising, which is attracting both first-time home buyers and investors looking for rental properties. The area's affordability coupled with its expanding economy makes it a strategic choice for real estate investments.

Demand for housing in Sherman continues to grow, supported by the city's developments in infrastructure and local businesses. Investors can take advantage of the competitive pricing in the market, as homes remain relatively affordable compared to larger cities. With an influx of newcomers attracted by the area’s amenities and lifestyle, a positive outlook for appreciation in property value is likely.

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 $236,374.00. 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 $292,935.00, with the most expensive house in Sherman, TX, topping out at $6,802,541.00 and the cheapest home in Sherman, TX, clocking in at $12,094.00. 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.

Sherman, TX Foreclosures


Market Trend for Sherman, TX

Total Listings Available: 72

Market Values:

Home Prices from $12,094 to $6,802,541

Average Sales Price: $292,935

Rental Values:

Rental from $550 to $3,960

Average Rent Value: $1,281 / month

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