Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$164,797+6.6% YoY · prices are rising fast
Market right nowBalanced marketFewer homes for sale than last year, 21% have cut their price
Income needed to buy, per year$35,725About 0.5× the local median income ($70,998): affordable for a typical household
Days on market83 daysFaster than a year ago: sellers have the edge
The typical home in Sherman County, TX is worth $164,797, up 6.6% from a year ago. It is a balanced market: homes take about 83 days to sell, listings are down 25% from a year ago, 21% of listings have had a price cut. A household needs about $35,725 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $70,998. In the latest IRS figures, 70 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$164,797
Change in 1 year
+6.6%
Home value to income
2.3×
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Monthly mortgage payment (20% down)
$893
Income needed to afford it
$35,725
Property tax rate
1.72%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,065
Market activity
Listings vs a year ago
−25.0%
Days on market
83
Listings with a price cut
21.1%
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Homes for sale
12
Pending sales per 100 listings
17
Asking price per sq ft
$111
People and jobs
Median household income
$70,998
Population change (1 year)
+0.1%
Unemployment rate
1.9%
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Population
2,781
Income adjusted for cost of living
$80,863
Net moves in (IRS)
−70
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
6.8
FEMA hazard risk score (0 to 100)
30.3
Flood risk score
1.1
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Wildfire risk score
65.2
Walkability (1 to 20)
8.0
Road, rail and air noise
53 dB
Questions people ask
Is Sherman County, TX a buyer's or seller's market?
Sherman County, TX is a balanced market: homes take about 83 days to sell, listings are down 25% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Sherman County, TX?
Home values in Sherman County, TX are up 6.6% over the last year.
How much do you need to earn to buy a home in Sherman County, TX?
A household needs about $35,725 a year to afford the typical home in Sherman County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $70,998.