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


Ask a local expert about this area:
Berkshire Hathaway HomeServices PenFed Realty Texas
Snapped 11 homes in this area
Keller Williams North Collin County
Snapped 9 homes in this area
Nord Realty
Snapped 1 home in this area

Agents that specialize in this area
2 snaps in this area
5 snaps in this area
1 snap in this area
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