6/20-6/27 Sherman Real Estate Report: 376 Listings, Sale Price Down 8.1%
Zillow counted 376 Sherman 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
June 27, 2026/2 min read
Sherman housing market illustration. Illustration: Jake Team LLC
Sherman's weekly housing report uses the same public market data cited in this article: Zillow's city housing-market page, Redfin's May 2026 housing-market data and Freddie Mac's weekly mortgage-rate survey.
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 in May, compared with 188 a year earlier. Redfin's three-month May 2026 price data showed a median sale price of $284,830, down 8.1% from a year earlier, and average days on market of 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 price measures published on the city market pages.
Sherman listings and sales chart. Zillow active listings as of May 31, 2026, Zillow new listings where published, and Redfin homes sold in May 2026.Sherman average days on market chart. Redfin May 2026 versus the year-earlier figure.Sherman price metrics chart. Zillow median list price, Redfin median sale price, and Zillow average home value where published.
By the numbers
Zillow listed the median list price at $312,633 as of May 31, 2026. Redfin's three-month May 2026 price data showed a median sale price of $284,830. 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 6.49% as of June 25, 2026, up from 6.47% a week earlier and below 6.77% 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 city market page (May 31, 2026): https://www.zillow.com/home-values/27079/sherman-tx/
The Sherman City Council has greenlit two major park projects totaling nearly $2 million, including new futsal courts at Hawn Park and a playground replacement at Old Settlers Park, with construction expected to begin late this summer.
Country music star Sara Evans headlines the 32nd annual Hot Summer Nights free concert series at Lucy Kidd-Key Park in Sherman. Greg Guymon opens at 7 p.m. The free series draws thousands each Thursday through July.
