Section Image

Sherman

Sherman

Located in Grayson County

$295,616 Average Value
$172 Average Price per Sq Ft
636 Homes For Sale

The growing town of Sherman, with lots of jobs in the area

Sandwiched between Dallas and 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.
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.
Texas Instruments in Sherman plays a vital role in supporting innovation and development.
1/2

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.
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.
The real estate market in Sherman is growing, attracting families and new residents.
1/2

Central Business District surrounding Grayson County Courthouse

Sherman’s downtown — also known as the Sherman — 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.
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.
Sherman features several big box stores that provide a wide range of shopping options.
1/2

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.
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.
Visitors can enjoy various exhibits that showcase Sherman’s rich heritage and artifacts at the Sherman Museum.
1/2

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.
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.
The Sherman Shadowcats are a beloved sports team that brings excitement to the city.
1/2

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 ISD encourages community involvement and supports local events and initiatives.
Sherman High School serves more than 2,000 students and continues to grow.
Sherman High School serves more than 2,000 students and continues to grow.
1/2

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.

Delaney Murray
Written By
Delaney Murray
Adam Jebbeh
Photography Contributed By
Adam Jebbeh
Mark Barakat
Video By
Mark Barakat

Interested in learning more about homes in this area? Reach out to Chris Dorward, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Sherman Housing Trends

Housing Trends

Median List Price
$312,663
Median Sale Price
$288,995
Median Single Family Sale Price
$304,990
Median Townhouse Sale Price
$299,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
932
Median Home Sale Price YoY Change
-3%
Average Price Per Sq Ft
$172

Area Facts

Number of Homes
10,810
Number of Homes for Sale
636
Median Year Built
1970
Months of Supply
8.20
Average Single Family Home Size Sq Ft
1,983
On par with the national average
1,930
Average Townhouse Size Sq Ft
1,822
Average 2 Bedroom Size Sq Ft
1,071
Average Studio Size Sq Ft
800
Median Lot Size Sq Ft
6,969

Open Houses

  • Saturday, Feb 7
    Open House 2/07

    2311 Auburn Ct, Sherman, TX 75092

    $674,000

    • 3 Beds
    • 3.5 Baths
    • 4,062 Sq Ft
    • 2311 Auburn Ct

    Impeccably maintained custom home situated on a prime corner lot within a peaceful cul de sac. All New Paint Throughout, Wood Floors redone and they look amazing, New Lighting and Ready to move Into, spanning over 4,000 square feet, this residence exudes elegance and sophistication with its Custom design features and meticulous landscaping. Inside, the grandeur of the soaring two-story ceilings

    Agent Photo
    Debbie Hudnall
    PARAGON, REALTORS
    (430) 237-3076
    Section Image
    Section Image
  • Saturday, Jan 31
    Open Sat 1PM - 3PM

    604 S Maxey St, Sherman, TX 75090

    $215,000

    • 3 Beds
    • 2 Baths
    • 1,056 Sq Ft
    • 604 S Maxey St

    Freshly updated and bathed in natural light, this charming home on a quarter acre lot near historic Downtown Sherman offers a smart layout designed for modern living. A cute covered front porch welcomes you into an open-concept living and dining area featuring easy-care vinyl plank flooring that flows throughout the entire home. You will love the designer-inspired kitchen, which showcases stylish

    Agent Photo
    Barbara Macleod
    Paragon, REALTORS
    (430) 541-0820
    Section Image
    Section Image
  • Saturday, Jan 31
    Open Sat 2PM - 4PM

    1817 Skyline Dr, Sherman, TX 75092

    $343,700

    • 3 Beds
    • 2 Baths
    • 2,046 Sq Ft
    • 1817 Skyline Dr

    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

    Agent Photo
    Debbie Hudnall
    PARAGON, REALTORS
    (430) 213-4364
    Section Image
    Section Image

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
44''
Average Winter Low Temperature
34°F
Average Summer High Temperature
93°F
Annual Snowfall
1''

Area Factors

Somewhat Bikeable

Bike Score®®

14 / 100

Car-Dependent

Walk Score®®

3 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Sherman