Home prices
Sherman's median home cost is $126,200. It is roughly $46,480 (58%) higher compared to nearby areas.It is about $91,300 (41%) lower in comparison to the nation as a whole, and it is roughly $61,900 (32%) lower compared to the city of Dallas.
Rents
Sherman's median monthly rent is $880. It is about $29 (3%) lower in comparison to nearby areas.In comparison to the United States as a whole it is roughly $182 (17%) lower, and in comparison to the city of Dallas it is about $172 (16%) lower.
Nearby places
Knollwood
Knollwood is Sherman's neighbor to the north. The housing prices there are a lot less expensive. The median home in Knollwood costs $19,300, which works out to $106,900 (553%) lower than Sherman. Its rents are somewhat more expensive. Knollwood's median monthly rent is $1,135, which works out to $255 (22%) higher than Sherman.
Howe
Howe is Sherman's neighbor to the south. The real estate prices there are somewhat less expensive. The value of the median home in Howe is $111,400, which comes out to $14,800 (13%) lower than Sherman. Rents there are a bit less expensive. In Howe the median rent is $745 per month, which comes out to $135 (18%) lower than Sherman.
Denison
Denison is Sherman's neighbor to the north. The housing prices there are a little less expensive. The median home in Denison is valued at $98,300, which comes out to $27,900 (28%) lower than Sherman. Its rents are a little less expensive. In Denison the median rent is $810 a month, which comes out to $70 (8%) lower than Sherman.
Southmayd
Southmayd is approximately 5 miles west of Sherman. Real estate prices there are significantly less expensive. The median home in Southmayd is valued at $62,200, which works out to $64,000 (102%) lower than Sherman. Rents there are similar. Southmayd's median monthly rent is $900, which works out to $20 (2%) higher than Sherman.
Tom Bean
Tom Bean is about 10 miles southeast from Sherman. Real estate prices there are a bit less expensive. The median home in Tom Bean costs $107,400, which works out to $18,800 (17%) lower than Sherman. Rent there is a bit more expensive. The median monthly rent in Tom Bean is $956, which works out to $76 (7%) higher than Sherman.