$224,929Average Value$192Average Price per Sq Ft4Homes For Sale
Grayson County’s ever-growing seat
Sandwiched between Dallas and its sister city, Denison, Sherman has been steadily expanding for over 15 years as a surge of people move out of the metroplex. Over 47,470 people live in Sherman, and new businesses and housing developments have popped up to accommodate all the new residents. “There are a lot of smaller towns between here and Dallas, but Sherman started big enough that we had amenities already, so it was a bigger town to move to instead of moving to the middle of nowhere,” says Clay Gilbert, a Realtor with Century 21 Real Estate and a third-generation Sherman native. When it was founded two centuries ago, Sherman served as Grayson County’s education, financial and legal capital. It is still the county seat, and while many educators, bankers and lawyers still work in the city, employees of Texas Instruments, Tyson Foods and Sherman Medical Center also make up the local workforce.
The local economy in Sherman thrives on manufacturing, retail, and healthcare industries.
Texas Instruments in Sherman plays a vital role in supporting innovation and development.
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Sherman’s historic east and evolving west
Sherman's homes are split between two eras. The east side of U.S. Highway 75 has mainly smaller, established properties, while a boom of new neighborhoods and bigger homes are coming to the west side. “You cannot drive somewhere where you will not see something being built. It’s just growing very quickly,” says Carol Layman, a Sherman local and Realtor with Better Homes and Gardens Real Estate. Bel Air Village and Heritage Ranch are two of the most anticipated new neighborhoods in Sherman, promising hundreds of new homes and resort-style amenities like lakeside boardwalks and concert venues. The median home price for Sherman is $299,000, slightly higher than the $250,000 median in Denison but lower than the $449,900 median in Dallas.
Homebuyers in Sherman can find diverse options that suit their needs and tastes.
The real estate market in Sherman is growing, attracting families and new residents.
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Central Business District surrounding Grayson County Courthouse
Sherman’s downtown — also known as the Central Business District — is built around the Grayson County Courthouse. Many law offices line the streets around the courthouse, as well as restaurants and long-running stores like Knight Furniture, which opened in 1912. Downtown is primarily small businesses, while the Sherman Town Center on U.S. Highway 75 has big-box and chain stores and restaurants.
Central Business District residents swing by Knight Furniture & Mattress to shop.
Sherman features several big box stores that provide a wide range of shopping options.
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Local history on display at The Sherman Museum
Only a few blocks from the business district, The Sherman Museum has local history exhibits and rotating showcases, and the nearby Sherman Jazz Museum displays exhibits of jazz legends like Roy Elridge and Ella Fitzgerald. Sherman also has a local theater troupe, the Sherman Community Players, and a symphony orchestra. Both groups are based on the north side of downtown Sherman.
The Jazz Museum in Sherman is a vibrant space celebrating the rich history of jazz music.
Visitors can enjoy various exhibits that showcase Sherman’s rich heritage and artifacts at the Sherman Museum.
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Fairview Park, home of the Sherman Shadowcats
Fairview Park is one of the city’s largest parks on the developing west side. It is the home of the Sherman Shadowcats, a minor league baseball team, and has a community pool, hiking trails, and space for tennis and football. Just outside city limits, the Hagerman National Wildlife Refuge has been part of Grayson County since 1946, and the 11,320-acre refuge now serves as a seasonal hunting venue. The refuge is set against the southernmost edge of Lake Texoma, the region's most popular boating and fishing destination.
Sherman is home to several beautiful parks that offer great outdoor spaces for everyone.
The Sherman Shadowcats are a beloved sports team that brings excitement to the city.
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Planned upgrades to Sherman Independent School District
Sherman Independent School District has a B-minus grade on Niche. Three new schools are slated to open in the 2025-26 school year, and B-rated Sherman High School will have 20 new classrooms and a renovated football stadium by 2026. Austin College, a four-year liberal arts school, is located next to downtown. Grayson College in neighboring Denison offers two-year programs.
Sherman ISD encourages community involvement and supports local events and initiatives.
Sherman High School serves more than 2,000 students and continues to grow.
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Texoma Parkway connects to Denison and Dallas
Texoma Parkway and U.S. 75 are the primary ways to travel through Sherman. These freeways connect to Denison, 11 miles away, and Lake Texoma, 14 miles away. Dallas and the Dallas Fort Worth International Airport are a 65-mile drive. While Grayson County does not have a public bus system, the TAPS Public Transit is available for on-demand service.
Hot Texas summers and mild winters
The weather tends to be hot throughout the year and can reach over 100 degrees in summer, but it becomes milder between October and March. There is a chance of thunderstorms and tornadoes year-round.
Sherman Police Department reported a 12% increase in property crime, particularly fraud and theft, between 2022 and 2023. Violent crime decreased by 2% in the same period.
Written By
Delaney Murray
Photography Contributed By
Adam Jebbeh
Video By
Mark Barakat
Interested in learning more about homes in this area?
Reach out to
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On average, homes in Sherman, TX sell after 4 days on the market compared to the national average of 52 days. The median sale price for homes in Sherman, TX over the last 12 months is $277,994, up 75% from the median home sale price over the previous 12 months.
Welcome to this charming 3-bedroom, 2-bathroom home located in the desirable West Sherman area. This beautifully updated residence features new flooring throughout, providing a fresh and modern feel. The bathrooms have been tastefully updated, offering a touch of luxury and comfort.Situated conveniently close to highways 75 and 82, this home offers easy access to all the amenities Sherman
Prepare to be amazed by this immaculate 3 bedroom, 2 bath home in west Sherman! Offered with a bang, this property exudes comfort and functionality, boasting a spacious living area with custom built-ins and a stunning fireplace. Sit back and enjoy movie nights with the big screen TV ready for action. The kitchen is a showstopper with its tasteful updates and abundant space. Total updates already
DON'T JUST BUY A HOME, BUY A LIFESTYLE! Welcome to Bel Air Village, in the vibrant heart of Sherman, Texas. This community redefines the essence of modern living. With a network of trails, beautifully landscaped parks, outdoor fitness stations, play areas, and a dog park, it will elevate your leisure activities. At the heart of the community lies the proposed beach club, a standout feature in the
Unlock the potential of this unique investment opportunity just minutes from Downtown Sherman and a few blocks from Highway 75. This single-family home sits on a generous lot that was previously two separate parcels—offering the rare chance to re-subdivide and build a second home to maximize development potential.
Investor Special in Sherman, TX!Don’t miss this opportunity to own a 3-bedroom, 1-bath home in the heart of Sherman with easy access to Hwy 75 and just minutes from shopping, dining, and local conveniences. Inside, you’ll find a spacious living room and large kitchen with plenty of potential. The property also features a new water heater. Whether you’re looking for a fix-and-flip project or
Welcome to 318 N McKown Avenue, a thoughtfully updated home in the heart of Sherman. Recentimprovements include new windows, a modern HVAC system with forced-air heating and cooling, andcompleted foundation repairs—offering comfort and peace of mind. The backyard has been cleaned up andenhanced with metal fence supports, plus a new outdoor shed for added storage. Located in a rapidly
Well-located 3 bedroom, 2 bath duplex within walking distance of Fairview Park, The Splash, and pickleball courts. Features a functional floor plan with spacious living areas and a one car garage that gives you plenty of storage space or to get your vehicle out of the weather. Lawn care included for added convenience. Convenient to schools, shopping, and major roadways. Move-in ready!
Open floor plan perfect for comfortable living and entertaining. The property has been updated with brand new carpet throughout, giving it a fresh feel. Enjoy the massive backyard, and close proximity to Pecan Grove Park. Conveniently located close to grocery stores, shopping, and with easy highway access, this home makes commuting and daily errands simple. Don’t miss this opportunity—schedule a
Welcome home to this delightful one-bedroom, one-bath unit ideally located just minutes from downtown Sherman, Texas. This is the back unit of a triplex that has recent updates. In addition to the monthly rent, tenant pays an additional $250 for electricity and water.
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