Sherman, TX Real Estate

According to census data in the year 2000 there were 14,917 housing units in Sherman. This represents a 4.6% growth from 14,261 in 1990.

Of those housing units, 14,435 were located in either urbanized areas or urban clusters, and 482 were located in what is classified as a rural area.

Homeownership rate in Sherman is about 56.2%. Sherman's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Sherman were built after 1969.


Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom14.70%
Two Bedrooms31.70%
Three Bedrooms38.80%
Four Bedrooms10.40%
Five Bedrooms or more1.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1965
Median Value of occupied units$69,400
Median Price asked for vacant units$68,300

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1974
Median Monthly Rent asked for vacant units$472

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan4.90%
Simple Mortgage47.50%
Debt Free45%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%