Sherman, TX—75090
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Sherman, TX
Home Price Trends — Sherman, TX
As of Oct '25, the median home price in Sherman, TX is $208,000, with a year-over-year change of -6.5%. This indicates that home prices in Sherman, TX are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $208,000 | -6.5% |
| Single Family | $208,000 | -6.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $151,000 | -5.6% |
3 Bed | $238,000 | -4.4% |
4 Bed | $342,000 | -3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sherman, TX
As of July '25, Rentcast reports the average rent in Sherman, TX is $1,660, with a year-over-year rent change of -2.9%. Per bedroom, the median rent as of July '25 in Sherman, TX is studios: $811, 1-bedrooms: $1,030, 2-bedrooms: $1,230, 3-bedrooms: $1,720, 4-bedrooms: $2,130. The most common rental property sizes in Sherman, TX are 3-bedroom and 2-bedroom, accounting for 42.9% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,660 |
| Studio Rent | $600 | $811 |
| 1 Bed Rent | $950 | $1,030 |
| 2 Bed Rent | $1,200 | $1,230 |
| 3 Bed Rent | $1,650 | $1,720 |
| 4 Bed Rent | $1,950 | $2,130 |
% of Rental Stock
Property Listings — Sherman, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Sherman, TX is 78. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | -3.0% |
Listing Count | 219 | 36.0% |
| Listings as % of Homes | 1.1% | 36.0% |
Days on Market | 78 | 2.0% |
Demographics — Sherman, TX
As of the latest ACS Survey released in 2023, Sherman, TX has a population of 26,300, which has increased by 6.9% over the past 5 years. Sherman, TX is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,300 | 6.9% |
% Under 18 | 27.4% | 3.8% |
% Seniors | 13.4% | -0.7% |
% WFH | 9.3% | 181.8% |
% w/ College Degree | 14.8% | 18.4% |
As of the latest ACS Survey released in 2023, Sherman, TX is a predominantly white area, with 48.8% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Sherman, TX is hispanic, making up 32.4% of the population. Foreign-born residents account for 14.8% of the population in Sherman, TX, and this percentage has increased by 0.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 48.8% | -4.5% |
% Black | 11.2% | -1.8% |
% Hispanic | 32.4% | -1.8% |
% Asian | 0.6% | -33.3% |
% Foreign Born | 14.8% | 0.7% |
Mortgage and Risk — Sherman, TX
According to HUD data as of 2023, there were 209 mortgage originations in Sherman, TX, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Sherman, TX. Investor activity is low, as 11.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 209 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 11.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Sherman, TX
As of 2024, the percent of homes in Sherman, TX under the Section 8 program is 5.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Sherman, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 482 |
Total Units Section 8 | 184 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | 68.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $950 | $1,020 |
| 2 Bedroom | $30 | $1,200 | $1,230 |
| 3 Bedroom | $70 | $1,650 | $1,720 |
| 4 Bedroom | $120 | $1,950 | $2,070 |
Affordability — Sherman, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $208,000 |
| Median Household Income | $58,600 |