# Sherman, TX Housing Market: August 2026 Outlook

By Mike Harrison (@mikeharrison) · Published 2026-09-01

Canonical: https://voce.com/@mikeharrison/sherman-housing-market-august-2026-outlook-zafqaa

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In Grayson County, TX, the Sherman housing market cooled through mid-2026: the median home price ran **$276K** over the three months ending July, **down 5.2%** from the same period in 2025, and homes took 85 days to sell — up from 77 a year earlier ([Redfin](https://www.redfin.com/city/17282/TX/Sherman/housing-market)).

For buyers and sellers deciding whether to move this year, that shift is the headline. Price declines have softened Sherman into a market with more housing choice and less bidding pressure — a sharp reversal from the frenzy that followed Texas Instruments' decision to build its 300mm wafer fabs here. Yet the long-term story hasn't changed: TI began production at its first Sherman fab in December 2025, just three and a half years after breaking ground ([TI](https://www.ti.com/about-ti/manufacturing/sherman.html)), and the workforce it needs is still arriving. The cheapest entry point in several years may also be the last one.

## The price of progress

The slide mirrors the broader North Texas pattern. Across the state, home prices spent 13 consecutive months below year-ago levels through June, with the DFW market — Sherman's home metro — moving toward stabilization after an extended softening ([Texas A&M Real Estate Center](https://trerc.tamu.edu/reports/texas-housing-insight-august-2026)). Sherman is feeling that same cooling, but from a lower base than the Dallas core, which is part of what still makes it affordable for first-time buyers.

**What this means for sellers:** price your home against current comps, not what your neighbor listed it for in 2024. Higher mortgage rates have pulled the ceiling on what buyers can qualify for, and a home priced optimistically now sits through the 85-day average before a realistic offer ([Redfin](https://www.redfin.com/city/17282/TX/Sherman/housing-market)).

## Inventory and competition

Sherman's market is no longer a bidding-war battleground. Redfin rates it "not very competitive," with 215 homes sold in July, down from 226 a year earlier, and the average home spending 85 days on market ([Redfin](https://www.redfin.com/city/17282/TX/Sherman/housing-market)).

Across Texas, active inventory reached a 5.4-month supply in June, up slightly from May but essentially balanced — demand is absorbing new listings without creating a glut ([Texas A&M Real Estate Center](https://trerc.tamu.edu/reports/texas-housing-insight-august-2026)). For buyers in Sherman, that means more time to inspect, negotiate, and compare neighborhoods without rush. For sellers, it means a marketing plan and an honest list price actually matter again.