# Sherman Texas 2026: A Homebuyer's Guide to the Chip City Boom

By Mike Harrison (@mikeharrison) · Published 2026-09-02

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Sherman's median home price has slipped to **$280,000**, down 6.7% year-over-year, even as Texas Instruments' sprawling chip campus ramps up production — a rare window where a funded tech boom and a buyer-friendly correction overlap. The first TI fab started manufacturing wafers in December 2025, and the megasite promises 3,000 direct jobs plus thousands more in support. For a city of about 50,000 sitting 60 miles north of Dallas, that combination is now reshaping who can buy, at what price, and how fast.

## Why this matters now

The correction and the chip build-out are colliding at once. Prices are falling for reasons that have nothing to do with Sherman's long-term fundamentals — mortgage rates, surplus inventory across Texas, and heavy new construction — while the arrivals those factories will draw have barely begun. Homes in Sherman take an average of **78 days to sell**, a market so uncompetitive it scores just 26 out of 100 on Redfin's scale, and about **49% of listings have seen a price cut** ([Redfin](https://www.redfin.com/city/17282/TX/Sherman/housing-market)). Buyers holding cash or pre-approval right now have negotiating leverage sellers haven't ceded in years.