75489
Sherman, Texas
Sherman 75489 needs watching.
The 75489 ZIP code in Sherman, Texas has a median sale price of $235K, down N/A year-over-year. Homes spend an average of 104 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 75489.
The 75489 ZIP code in Sherman shows stalled price momentum with a median sale price of $235,000 holding flat year-over-year through February 2026. Market velocity remains sluggish at 103.5 days on market, nearly triple the pace seen in competitive markets. Buyer leverage is absolute, with zero homes commanding above-list prices, indicating systematic resistance to current asking prices and weak demand fundamentals across the area.
This environment distinctly favors patient buyers with financing secured and willingness to negotiate. The 103.5-day market time creates pressure on sellers holding inventory, providing room for 5-10% price concessions during due diligence. Investors seeking cash-flowing rentals may find acceptable entry points at $235,000, but speculative appreciation plays carry elevated risk given the flat price trajectory. Sellers face headwinds and should expect extended listing periods without aggressive pricing strategies.
The PropIQ score of 27 signals significant caution, suggesting downward price pressure may materialize if days-on-market extends further beyond 100 days. Watch for inventory accumulation and increased price cuts in Q2 2026 as potential indicators of market deterioration. The zero above-list sales metric confirms buyers control negotiations, and without demand catalysts emerging, the flat price trend could shift negative. Any investment thesis here requires substantial margin of safety.
What is the median home price in 75489 Sherman?
The median sale price in 75489 is $235K, down N/A year-over-year as of 2026-02-28.
How long do homes stay on the market in Sherman 75489?
Homes in 75489 Sherman spend an average of 104 days on market before going under contract.
Is Sherman 75489 a good place to invest in real estate?
Folio's PropIQ™ score for 75489 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 75489?
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 27 = Caution in 75489 Sherman, Texas.