The median home in Sherman, Texas is valued at $252,835, down 6.3% year over year. Typical monthly rent is $1,367, producing a price-to-rent ratio of 15.4x — near the national average of 18x. Sherman is part of the Sherman-Denison, TX metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Sherman-Denison, TX stress score, crash risk, and 12-month forecast →

Home Value$252,835

-6.3%

Rent$1,367/mo

AFFORDABILITY

Enter your income for Sherman.

Income (annual)

Down Payment

$50,567 on $252,835

Stretch — 30.5% of income

Above 28% but manageable with cuts.

PITI$1,908

P/I30.5%

Afford$232K

Gap-$21K

P&I $1,278Tax $379Ins $250

Renting $541/mo cheaper ($1,367 rent)6.50% 30yr, 20% down, county tax + TX ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Texas

Compare Sherman with other housing markets across Texas.

Westlake$3067K Highland Park$2847K Westover Hills$2586K University Park$2375K Rollingwood$2252K West Lake Hills$1988K Bartonville$1362K Southlake$1256K

Full Sherman-Denison, TX analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Sherman-Denison, TX metro.

View Sherman-Denison, TX metro →

SHERMAN, TX