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 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.
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
Mel Padilla,
an experienced agent in this area.
GreatSchools:
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On average, homes in Sherman, TX sell after 238 days on the market compared to the national average of 53 days. The median sale price for homes in Sherman, TX over the last 12 months is $289,945, down 3% from the median home sale price over the previous 12 months.
Built with love and designed for comfort and style, this stunning barndominium sits on 5 beautiful acres and offers the perfect blend of rustic charm and modern luxury. From the open-concept floor plan to the high-end finishes throughout, this home is truly one-of-a-kind. The heart of the home is a gorgeous kitchen featuring a large island, stainless steel appliances, granite countertops, and a
Welcome to your dream home near the serene Herman Baker Park! This stunning 4-bedroom, 4-bath residence offers an inviting open floor plan designed for modern living and effortless entertaining. The spacious living area features a cozy fireplace, perfect for relaxing evenings. The gourmet kitchen flows seamlessly into the dining and family spaces, creating a bright and airy atmosphere. Upstairs,
Welcome to The Preserve, a tranquil community nestled in Sherman, Texas, where natural beauty and modern conveniences converge. Located near the scenic Herman Baker Park, residents enjoy access to picturesque walking trails, fishing spots, and picnic areas, perfect for outdoor enthusiasts. If you’re searching for a spacious, energy-efficient new construction home in the DFW area, The Aramis floor
Step into a beautifully preserved residence that seamlessly blends timeless elegance with contemporary updates. From the original hardwood floors and intricate crown molding to the thoughtfully renovated kitchen, every detail reflects a commitment to quality and style. The spacious layout offers both intimate nooks and expansive living areas, perfect for everyday living and entertaining.
Spacious 4 bedroom 2.5 bathroom home in a highly sought after neighborhood in west Sherman. Located close to restaurants and shopping. The master suite includes a sitting area and an attached area for an office, nursery or work-out space. The master bath has separate sinks, vanities, large walk-in shower and walk-in closets. Living room boast picture frame paneling, a wood burning fireplace and a
Close to everything! This mid century charmer has been tastefully updated but maintains that down home feel. Property features LARGE newly fenced backyard with privacy wood panels. New roof,interior has spray foam, taken down to the bare studs! Features open living dining kitchen with extensive remodel and attention to detail. Nice, peaceful neighborhood. Garage is oversized with plenty of room
This home boasts numerous upgrades, such as a decorative wall-mounted fireplace and a built-in speaker system. The high ceilings and open concept layout create a spacious and inviting atmosphere. Situated on a corner lot in a meticulously planned community, this home offers both style and convenience. Bel Air Village, your new neighborhood, is surrounded by a diverse array of restaurants, shops,
Looking for a rental? Coming available the first week of January! Check out this duplex in the recently developed Grove Addition - just down the street from Sherman High School! Features include granite counters, full-size laundry room, and privacy-fenced back yard. There is a one car garage. Just a short drive to Hwy 75 & 1417. Don't wait - schedule your showing today!
2 bedroom, 1 bath duplex for lease! This property features washer and dryer connections and a refrigerator included. Enjoy a comfortable living space with easy access to nearby shopping, dining, and Downtown Sherman. Located just minutes from Highway access and Sherman Middle School, this home offers both convenience and comfort. Perfect for those seeking an affordable and a well located rental!
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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.
