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Sherman, TX
Full City Profile · Texas · Grayson County County
3.1
/5.0
B
Good
45,036
Population
970/sq mi density
$60,935
Median Income
$31,990 per capita
$219,300
Home Value
$256,219 Zillow
$1,177
Median Rent
29.5% income on rent
64°F
Avg Temperature
308 sunny days/yr
416
Violent Crime/100K
2,609 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$60,935 median income, 2.1% unemployment
A+
Affordability
4.7 / 5.0
$219,300 home value, $1,177/mo rent
F
Safety
1.0 / 5.0
416 violent crimes/100K (10% above avg)
C+
Education
2.8 / 5.0
23.1% bachelor's degree or higher
Housing Overview
Median Home Value
$219,300
22% below
US avg: $281,900
Median Rent
$1,177/mo
1% above
US avg: $1,163/mo
Homeownership Rate
53.0%
19% below US avg (65.4%)
Total Housing Units
18,546
Median year built: 1976
Home Value by Source
Census Median
$219,300
Zillow (ZHVI)
$256,219
Median Sale Price
$296,995
Median List Price
$274,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
53.0%
Owner-Occupied
47.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$756/mo
1 Bedroom
$778/mo
2 Bedroom
$973/mo
3 Bedroom
$1,266/mo
4 Bedroom
$1,432/mo
Census median rent:
$1,177/mo
· Zillow rent:
$1,398/mo
Market Indicators (Redfin)
Median Days on Market
97 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
62
Price Drops
33.7%
of listings with price reduction
Price Per Sq Ft
$159
Active Inventory
329
homes for sale
Affordability & Housing Stock
Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
53.0%
Complete Housing Data
Home Values
| Census Median Value | $219,300 |
| Zillow Home Value (ZHVI) | $256,219 |
| Median Sale Price | $296,995 |
| Median List Price | $274,950 |
| Price Per Sq Ft | $159 |
Rent
| Census Median Rent | $1,177 |
| Zillow Rent (ZORI) | $1,398 |
| FMR Studio | $756 |
| FMR 1-Bedroom | $778 |
| FMR 2-Bedroom | $973 |
| FMR 3-Bedroom | $1,266 |
| FMR 4-Bedroom | $1,432 |
Market
| Days on Market | 97 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 33.7% |
| Homes Sold | 62 |
| Active Inventory | 329 |
| Price Per Sq Ft | $159 |
Ownership & Stock
| Owner-Occupied | 53.0% |
| Renter-Occupied | 47.0% |
| Homeownership Rate | 53.0% |
| Total Housing Units | 18,546 |
| Median Year Built | 1976 |
| Rent Burden | 29.5% |