Dallas Area Residential Sales Report – Sherman, Texas

The single-family real estate market in Sherman, TX, during July 2025 has demonstrated a significant shift compared to the conditions of July 2024, moving from a seller-dominated environment toward a more balanced, and in some metrics, a buyer’s market.

The pace of the market has decelerated. The median days on market has lengthened, with reports showing homes selling after an average of 49 to 65 days, compared to a quicker pace last year. This extended timeline provides buyers with more time for due diligence and negotiation, reducing the urgency that fueled bidding wars in the past. Concurrently, while some data indicates a slight decrease in sales volume year-over-year, the number of homes sold remained relatively stable, with 65 homes sold in July 2025 versus 68 in July 2024.

Overall, the Sherman real estate market in July 2025 is characterized by price moderation, increased time on the market, and a decline in seller-favoring metrics. The supply of homes is now greater than the demand, positioning it as a buyer’s market and providing opportunities for purchasers to secure a home with more favorable terms.