Something big just shifted in Sherman’s housing market...

And it’s creating new opportunities for both buyers and sellers heading into the holidays.

Author

Amanda Phillps
October 30, 2025

Hey Friends,

Once a month I send a update on what I see going on behind the scenes in the Sherman real estate market. I’ve been watching the local market closely these past few weeks, and let’s just say… October came with a few surprises. Inventory is climbing, rates are finally steady, and I’m seeing a real change in buyer activity. Whether you’re thinking about moving soon or just keeping tabs on the market, here’s what you should know about what’s happening right now in Sherman.

 

Sherman, Texas Real Estate Market Update

October 2025

More homes hitting the market.
Interest rates leveling out.
Big opportunities for both buyers and sellers.

Let’s break it down:

FOR BUYERS IN SHERMAN, TX

✅ More inventory = more negotiating power.
Sherman has seen a notable increase in available homes compared to this time last year. That means more choices and far less competition than we saw during the post-pandemic surge.

✅ You can negotiate again.
We’re seeing sellers offering concessions, covering closing costs, and making price improvements—especially on homes that have been sitting on the market longer than 30 days.

✅ Prices are steady, not skyrocketing.
Home prices in Sherman are holding stable with slight year-over-year growth. This is good news for buyers who want long-term equity without getting caught in a bidding war frenzy.

✅ Fresh inventory keeps coming.
Even heading into Q4—historically a slower season—new listings are still trending upward. Sherman continues to grow thanks to major employers like TI, GlobiTech, and Texas Instruments bringing jobs (and housing demand!) to our area.

FOR SELLERS IN SHERMAN, TX

✅ Homes are still selling—but only the ones that show well.
Buyers are active and serious, but they have more choices now. Homes that are clean, staged, priced correctly, and marketed professionally are the ones getting offers.

⚠️ This is not the market to overprice.
With inventory up, buyers will scroll right past listings that feel outdated or overpriced. If you're testing the market to “see what you can get,” you’re likely to sit longer and end up reducing the price anyway.

📈 Your competition is up.
With more homes available, your listing needs to stand out visually and strategically. Think: curb appeal, updated interiors, strong marketing, and pricing at the right level—not the highest possible level.

💡 PRO TIP for Sherman Sellers:
If you’re thinking about listing this winter, get your exterior photos NOW—before the trees drop and everything looks brown. Great photos = more showings = stronger offers.

TL;DR Sherman Market Snapshot

Buyers: You have options, leverage, and the ability to negotiate.
Sellers: Your home must be priced smart and look its best to compete.

What’s Going On with Mortgage Rates?

Rates have begun to steady following a slight dip. Right now, average mortgage rates are hovering around 6.33%, depending on loan program and credit profile. While not “pandemic low,” these rates are historically normal—and with stable prices, buyers are moving forward with confidence.

Thinking of making a move in Sherman? Whether you’re buying, selling, or just curious how this market impacts your plans, let’s connect. I help clients navigate timing, pricing, and strategy every single week here in Grayson County.

📞 Call or text me anytime at 903-267-9704

Amanda-