75459
Sherman, Texas
Sherman 75459 needs watching.
The 75459 ZIP code in Sherman, Texas has a median sale price of $299K, down -6.3% year-over-year. Homes spend an average of 116 days on market, with 15% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 75459.
The 75459 ZIP code in Sherman is experiencing a buyer-favorable shift, with the median sale price at $299,000 representing a 6.3% year-over-year decline. Homes are averaging 116 days on market, significantly above the velocity seen in tighter market conditions. Only 15% of properties are selling above list price, indicating minimal competition and reduced urgency among buyers. This cooldown marks a departure from the seller-dominated conditions that characterized recent years in North Texas submarkets.
These conditions favor patient buyers with financing in place and negotiation leverage. The 116-day market time creates opportunity for contingent offers and inspection-based price adjustments that would fail in faster markets. Investors seeking cash flow over appreciation should find the 6.3% price decline has improved yield metrics, particularly for single-family rentals. Sellers face headwinds and should price competitively from listing day rather than testing higher price points given the extended absorption rate.
The PropIQ score of 55 signals caution, suggesting continued price pressure without clear stabilization indicators. The combination of falling prices and elevated days-on-market typically precedes either capitulation pricing or demand recovery, making Q2 2026 data critical for directional clarity. Monitor whether days-on-market begins contracting below 100 days or if the percentage selling above list drops further below 15%, which would indicate additional downside before equilibrium.
What is the median home price in 75459 Sherman?
The median sale price in 75459 is $299K, down -6.3% year-over-year as of 2026-02-28.
How long do homes stay on the market in Sherman 75459?
Homes in 75459 Sherman spend an average of 116 days on market before going under contract.
Is Sherman 75459 a good place to invest in real estate?
Folio's PropIQ™ score for 75459 is 55/100 — a Caution signal. 15% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 75459?
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 55 = Caution in 75459 Sherman, Texas.