75491
Sherman, Texas
Sherman 75491 needs watching.
The 75491 ZIP code in Sherman, Texas has a median sale price of $257K, down -18.4% year-over-year. Homes spend an average of 82 days on market, with 9% 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 75491.
The Sherman 75491 market shows significant cooling with the median sale price settling at $257,000, down 18.4% year-over-year as of February 2026. Homes are averaging 82 days on market, indicating extended selling timelines compared to the rapid turnover seen in previous years. Only 9% of properties are commanding above-list prices, suggesting sellers have lost pricing power and buyers face minimal competition for available inventory in this ZIP code.
This environment favors patient buyers with financing secured who can negotiate from a position of strength. The 18.4% price decline creates entry points for first-time buyers previously priced out and long-term investors seeking rental yield over appreciation. Sellers face challenging conditions and should price aggressively below recent comparables, while those without urgency may benefit from waiting for stabilization signals before listing their properties.
The PropIQ score of 51 signals cautionary conditions with neutral momentum, suggesting neither immediate recovery nor further sharp declines. Monitor whether days on market extends beyond 90 days, which would indicate deeper distress, or contracts below 75 days, signaling demand recovery. The below-midpoint score warrants watching employment data and mortgage rate trends through Q2 2026 before making timing-dependent investment decisions in this market.
What is the median home price in 75491 Sherman?
The median sale price in 75491 is $257K, down -18.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Sherman 75491?
Homes in 75491 Sherman spend an average of 82 days on market before going under contract.
Is Sherman 75491 a good place to invest in real estate?
Folio's PropIQ™ score for 75491 is 51/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 75491?
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 75491 Sherman, Texas.