6/27-7/4 Sherman Real Estate Report: 376 Listings, Sale Price Down 8.1%

This weekly housing report covers Sherman, TX, in the Sherman-Denison region for sherman.city. It uses Zillow market data, Redfin's May 2026 housing-market data and Freddie Mac's weekly mortgage survey. Nearby city sites in the network include Denison, Howe, Van Alstyne, Pottsboro and Whitewright.

Zillow counted 376 homes for sale in Sherman as of May 31, 2026 and 89 new listings during the month. Zillow put the average home value at $259,028, down 6.8% over the past year, with a median list price of $312,633.

Redfin's May 2026 market page reported 189 homes sold, compared with 188 a year earlier. Redfin's median sale price was $284,830, down 8.1% from a year earlier, and average days on market were 79 days, compared with 85 days last year.

Market snapshot charts

The three charts below break out inventory and sales counts, average days on market and the published price measures.

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By the numbers

Zillow listed the median list price at $312,633 as of May 31, 2026. Redfin's median sale price was $284,830 in May 2026. Zillow's average home value was $259,028. Zillow said homes went to pending in around 46 days as of May 31, 2026.

Freddie Mac's Primary Mortgage Market Survey put the average 30-year fixed-rate mortgage at 6.43% as of July 2, 2026, down from 6.49% a week earlier and below 6.67% a year earlier.

What changed from last year

Redfin's year-over-year sales count increased from 188 to 189. Average days on market fell from 85 days to 79 days. Redfin's median sale price was down 8.1% from a year earlier.

Zillow's May 31, 2026 inventory figure and Redfin's May 2026 sold-home figure measure different parts of the market: active supply versus closed transactions. This report keeps those figures separate because they do not describe the same set of homes.

Sources

Zillow market page (May 31, 2026)

Redfin housing-market page (May 2026)

Freddie Mac Primary Mortgage Market Survey (July 2, 2026)