Sherman's median sale price was $259,819 in the three months ending October 2026, down 11.0% from a year earlier. With 6.8 months of supply, Sherman is a buyer's market. Homes took a median of 98 days to sell and closed at 95.9% of list price.
With 6.8 months of supply in October 2026, Sherman is a buyer's market. Months of supply is how long the homes for sale would last at the current pace of sales. How this page defines it: under 4 months of supply is a seller's market, 4 to 6 months is balanced, and over 6 months is a buyer's market.
Ben's take: “With 6.8 months of supply in Sherman, buyers have leverage. On homes that have sat past 98 days, I ask for seller-paid closing costs or a rate buydown before I push on price.”Ben Jimenez, Real Estate Agent, Real Broker, LLC
The median sale price went from $284,495 in November 2024 to $259,819 in October 2026. Hover a month to see its value.
| Month | Median sale price | Homes sold | Median days on market | Sale-to-list | Months of supply |
|---|---|---|---|---|---|
| October 2026 | $259,819 | 172 | 98 | 95.9% | 6.8 |
| September 2026 | $264,000 | 192 | 93 | 96.6% | 6.2 |
| August 2026 | $269,490 | 223 | 85 | 96.6% | 5.4 |
| July 2026 | $275,000 | 223 | 77 | 96.8% | 5.3 |
| June 2026 | $277,395 | 211 | 74 | 97.1% | 5.8 |
| May 2026 | $282,990 | 188 | 78 | 97.3% | 6.6 |
| April 2026 | $291,000 | 194 | 87 | 97.0% | 6.3 |
| March 2026 | $287,900 | 173 | 103 | 97.0% | 6.7 |
| February 2026 | $276,990 | 189 | 86 | 96.8% | 6.0 |
| January 2026 | $266,500 | 168 | 77 | 97.0% | 7.0 |
| December 2025 | $269,445 | 178 | 74 | 96.8% | 6.6 |
| November 2025 | $285,000 | 159 | 77 | 96.9% | 7.8 |
Each row is the three months ending that month (Redfin city data is reported as rolling three-month windows), all residential.
There were about 380 homes for sale in Sherman at the end of October 2026, 6.8 months of supply. Homes sold for 95.9% of list price on average. On a home at the $259,819 median, that works out to about $10,600 under asking. 8% of homes sold above list price. 60% of the homes for sale had been on the market more than 60 days. Those are the ones with room to negotiate.
The median Sherman home took 98 days to sell, 10 days longer than a year earlier. In the three months ending October 2026, 282 new listings came on the market and 172 homes sold. Inventory was down 15.5% from a year earlier. 9% of homes went under contract within two weeks. The median sale price was down 11.0% year over year, so price against recent sales, not last year's.
The median sale price in Sherman was $259,819 in the three months ending October 2026, based on 172 home sales (Redfin, all residential).
The median sale price was down 11.0% from a year earlier and down 8.7% from November 2024, when it was $284,495.
Sherman is a buyer's market with 6.8 months of supply as of October 2026. Under 4 months is a seller's market, 4 to 6 is balanced, and over 6 is a buyer's market. Ben Jimenez, a real estate agent with Real Broker, LLC, updates this report every month.
Homes in Sherman took a median of 98 days to sell in the three months ending October 2026, 10 days longer than a year earlier.
On average Sherman homes sold for 95.9% of list price, and 8% sold above list.
Book a call with Ben Jimenez, Real Estate Agent with Real Broker, LLC, call or text 469-730-6895, or get a free home value.
Source: Redfin Data Center, October 2026 data, all residential, as of November 3, 2026. Each month is Redfin's rolling three-month window ending that month, not seasonally adjusted. Information deemed reliable but not guaranteed. Updated November 11, 2026.