Sherman, TX—75092
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 $293,000, with a year-over-year change of -3.6%. 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 | $293,000 | -3.6% |
| Single Family | $293,000 | -3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $181,000 | -4.7% |
3 Bed | $278,000 | -3.8% |
4 Bed | $360,000 | -4.0% |
| 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 $1,980, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Sherman, TX is studios: $750, 1-bedrooms: $1,060, 2-bedrooms: $1,730, 3-bedrooms: $2,150, 4-bedrooms: $2,520. The most common rental property sizes in Sherman, TX are 2-bedroom and 1-bedroom, accounting for 49.1% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,980 |
| Studio Rent | $750 | $750 |
| 1 Bed Rent | $1,040 | $1,060 |
| 2 Bed Rent | $2,000 | $1,730 |
| 3 Bed Rent | $2,000 | $2,150 |
| 4 Bed Rent | $2,350 | $2,520 |
% 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 75. This is a increase of 8.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $339,000 | -10.0% |
Listing Count | 251 | 35.0% |
| Listings as % of Homes | 0.9% | 35.0% |
Days on Market | 75 | 8.0% |
Demographics — Sherman, TX
As of the latest ACS Survey released in 2023, Sherman, TX has a population of 27,400, which has increased by 11.4% over the past 5 years. Sherman, TX is a moderately popular place for families, as children make up 20.4% of the population. The area has a moderately educated workforce, with 29.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,400 | 11.4% |
% Under 18 | 20.4% | -12.8% |
% Seniors | 19.5% | 14.7% |
% WFH | 10.6% | 116.3% |
% w/ College Degree | 29.9% | 7.9% |
As of the latest ACS Survey released in 2023, Sherman, TX is a predominantly white area, with 76.8% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Sherman, TX is hispanic, making up 9.6% of the population. Foreign-born residents account for 6.0% of the population in Sherman, TX, and this percentage has increased by 11.1% 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 | 76.8% | -1.7% |
% Black | 6.4% | 8.5% |
% Hispanic | 9.6% | 23.1% |
% Asian | 2.6% | -27.8% |
% Foreign Born | 6.0% | 11.1% |
Mortgage and Risk — Sherman, TX
According to HUD data as of 2023, there were 418 mortgage originations in Sherman, TX, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Sherman, TX. Investor activity is low, as 6.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 418 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Sherman, TX
As of 2024, the percent of homes in Sherman, TX under the Section 8 program is 7.6%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Sherman, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 389 |
Total Units Section 8 | 389 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,040 | $1,170 |
| 2 Bedroom | -$590 | $2,000 | $1,410 |
| 3 Bedroom | -$30 | $2,000 | $1,970 |
| 4 Bedroom | $20 | $2,350 | $2,370 |
Affordability — Sherman, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $293,000 |
| Median Household Income | $67,200 |