75076
Sherman, Texas
Sherman 75076 needs watching.
The 75076 ZIP code in Sherman, Texas has a median sale price of $345K, down -0.4% year-over-year. Homes spend an average of 123 days on market, with 5% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 75076.
The 75076 ZIP code in Sherman, TX shows a median sale price of $345,000 with a marginal year-over-year decline of 0.4%, indicating price stabilization rather than growth. Homes are averaging 123 days on market, significantly above the typical 30-60 day range for balanced conditions, suggesting weak demand absorption. Only 5% of properties are selling above list price, confirming buyers maintain negotiating leverage in this extended-timeline environment.
This market structure favors patient buyers with financing secured who can capitalize on the 123-day average marketing period to conduct thorough due diligence and negotiate below asking price. The minimal competition for properties, evidenced by the 5% above-list statistic, creates conditions for contingency-heavy offers that would fail in faster markets. Sellers face pressure from inventory duration and should expect longer holding costs and potential price concessions to achieve transactions.
The PropIQ score of 51 signals caution, reflecting the flat price trajectory and extended absorption metrics that suggest continued softness through the next quarter. The combination of near-zero appreciation and prolonged days-on-market indicates supply-demand imbalance that requires monitoring for either inventory reduction or further price adjustments. Without significant demand catalysts, the 123-day marketing timeline will likely persist, maintaining buyer advantage positioning throughout spring selling season.
What is the median home price in 75076 Sherman?
The median sale price in 75076 is $345K, down -0.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Sherman 75076?
Homes in 75076 Sherman spend an average of 123 days on market before going under contract.
Is Sherman 75076 a good place to invest in real estate?
Folio's PropIQ™ score for 75076 is 51/100 — a Caution signal. 5% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 75076?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 51 = Caution in 75076 Sherman, Texas.