Is Sherman, TX 75090 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Sherman is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score15/ 100

More competitive than 8% of U.S. ZIP codes, and #688 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.8Under 4 months = seller’s market
Sold above original list5.4%Share of sales, last 3 months
Median sale-to-list96.1%Sold price ÷ list price
Median days on market59Listing to accepted offer
Median price per sq ft$146▼ −9.6% vs. last year

The Sherman housing market right now

In the three months ending August 31, 2026, 5% of homes in Sherman, TX 75090 sold above their list price, the typical home went under contract in 59 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 114 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (6% then), homes sold more slowly (57 days then) and the median sale price fell 5% to $239,896. Overall, Sherman is about as competitive as it was a year ago.

Within Grayson County, homes here sell faster than in 87% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Sherman ranks #688 of 868 TX ZIP codes with enough sales (score 15 out of 100).

Nearby, buyers who want less competition could look at Tioga 76271 (0% sold over asking) or Sadler 76264 (0% sold over asking), while Bells 75414 (14% sold over asking) and Whitewright 75491 (10% sold over asking) are even more competitive.

Nearby markets

Bells 75414Buyer’s market $144 /sq ftCollinsville 76233Balanced $194 /sq ftDenison 75020Buyer’s market $145 /sq ftDenison 75021Buyer’s market $149 /sq ft Browse all markets →

Where Sherman is

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Questions about Sherman real estate

Is Sherman a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Sherman, TX 75090 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Sherman?

The typical home went under contract in 59 days in the latest three months.

Do homes in Sherman sell over asking?

5% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.

What are property taxes in Sherman?

About 1.27% of a home’s value a year in Grayson County, or roughly $5,080 on a $400,000 home.

What is the median home price in Sherman?

The median sale price was $239,896 in the three months ending August 31, 2026, about $146 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology