Sherman-Denison Metro Area, TX Housing

The housing market in the Sherman-Denison, TX Metro Area is thriving. The median home value stands at $244,800 and has seen a significant increase of 19.64% over the last year. This is well above the US median home value of $338,100 and the US 1 year house appreciation rate of 8.27%. This makes the Sherman-Denison area a great place to buy or invest in real estate right now, especially with prices still below most other national averages.

The median home cost in Sherman-Denison Metro Area is $244,800. Home appreciation the last 10 years has been 155.3%. Home Appreciation in Sherman-Denison Metro Area is up 23.1%.

Average Age of Homes

- The median age of Sherman-Denison Metro Area real estate is 39 years old

The Rental Market in Sherman-Denison Metro Area

- Renters make up 28.0% of the Sherman-Denison Metro Area population
- 1.4% of houses and apartments in Sherman-Denison Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sherman-Denison, Texas	United States
	57,980.0	139,647,020.0
	40	42
	$244,800	$338,100
	23.1%	16.6%
	68.0%	57.0%
	155.3%	101.1%
	$13.91	$10.98
	$2,352	$2,690
	59.2%	57.4%
	12.0%	11.2%
	28.8%	31.4%
Vacant Housing
	1.4%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	0.3%	0.4%
	3.0%	3.6%
	6.2%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	4.1%	2.4%
	5.4%	2.8%
	6.7%	3.9%
	8.4%	4.5%
	15.1%	11.3%
	16.0%	13.0%
	19.4%	20.1%
	12.4%	13.6%
	3.9%	8.3%
	3.7%	9.7%
	1.1%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	12.6%	13.6%
	12.6%	13.6%
	12.3%	13.6%
	15.1%	13.2%
	13.1%	14.8%
	12.3%	13.6%
	7.5%	10.0%
	4.8%	4.7%
	8.8%	12.2%

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