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Foreclosure Homes in Sherman, TX

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Sherman, TX Foreclosures

Current Market Conditions in in Sherman, TX As of February 2026?
In the past month, Sherman has seen a notable increase in housing prices, with listings appreciating by an average of 5%. The number of homes sold has also increased, reflecting a vibrant market. Buyers are showing a strong interest in newer constructions and renovated homes, especially those with energy-efficient features. This trend highlights the desire for modern amenities that cater to today’s lifestyle.
How much do homes sell for in Sherman, TX?
The average home price is currently $291,897.
In Sherman, TX, how many homes are available?
There are currently 73 active home listings available in Sherman.
What’s the average rental cost in Sherman, TX?
The average rental price in Sherman is $1,279.
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 $11,573.

Living in Sherman, TX

Sherman is a vibrant city located in North Texas, known for its friendly community and rich history. With a variety of parks and recreational activities, residents enjoy a suburban lifestyle while being close to the amenities of larger cities like Dallas and Plano. The city offers a mix of historic charm and modern conveniences, making it an appealing place to live for families and professionals alike.

Buyer vs Seller Market in Sherman, TX

The Sherman real estate market is currently experiencing an upswing, with a significant increase in home sales over the past few months. As more people discover the charm of Sherman, demand for properties has risen, resulting in a competitive market. Homebuyers are encouraged to act quickly to secure their desired homes, as listings tend to sell rapidly.

Rental properties are also in high demand, particularly among college students and young professionals. Investors are taking notice of this trend, with many choosing to invest in rental properties in Sherman due to its appealing rental yields and low vacancy rates.

Home Value Estimator For Sherman, TX

There are currently 20,045 real estate properties in Sherman, TX, with a median automated valuation model (AVM) price of $231,100.00. 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 $291,897.00, 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 $11,573.00. 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 $1,279.00. 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: 73

Market Values:

Home Prices from $11,573 to $13,495,500

Average Sales Price: $291,897

Rental Values:

Rental from $550 to $3,960

Average Rent Value: $1,279 / month

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