Sherman's October First-Time Homebuyer Report

Sherman has an older population than other areas in Texas with a median age of 33 years. It is also somewhat affluent with a median income of $42,709 per household. The Sherman market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The best school in the city is Fairview Elementary School.

Price Range

The median value of homes in Sherman is $89,200, making it one of the most valuable areas in Texas. At the same time, the average list price of available homes is presently $185,488.

Out of all the listings in Sherman, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$1.4M   $199K   $129K  

Typical Dwelling

A three-bedroom detached home valued around $139,857 is considered a typical dwelling in Sherman. If a buyer was looking for a similar home, they would need good credit and a $27,971 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $830 and the property tax rate is $12.56 per $1,000 of taxable assessed value.

Get started right now by checking out Sherman homes for sale or reviewing Sherman real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Fathom Realty
8 reviews
404-784-5759
Snapped 3 homes in this area
Coldwell Banker
Snapped 1 home in this area

Agents that specialize in this area
9 snaps in this area
5 snaps in this area
1 snap in this area
11 snaps in this area
2 snaps in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.