6/27-7/4 Sherman Real Estate Report: 376 Listings, Sale Price Down 8.1%
Zillow counted 376 Sherman, TX homes for sale as of May 31, 2026, while Redfin reported 189 homes sold in May 2026 and a median sale price of $284,830.
Hugo Baptiste
July 4, 2026/2 min read
Sherman housing market. Illustration: Jake Team LLC
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.
Sherman housing market snapshot chart showing active listings, new listings, and homes sold.Sherman days on market chart. Sherman Homes Sold Faster in May Redfin May 2026 compared with May 2025.Sherman price metrics chart showing median list price, median sale price, and average home value where published.
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.
The Sherman City Council will address personnel deliberations and potential complaints against public officers or employees during its August 3 meeting. The discussion falls under Texas Government Code Section 551.074, which governs closed session proceedings for these matters.
Sherman City Council will consider Resolution No. 7662 on August 3, 2026, to approve an encroachment agreement with MTR Frontera, LLC. The measure permits a monument sign within a 15-foot utility easement along Lamar Street per the Frontera plat in Grayson County.
The Sherman City Council will hold a public hearing on Ordinance No. 6954 to close and abandon a specific alley in Grayson County. The measure was previously tabled at the July 20 meeting and is scheduled for introduction during the August 3 session.
