Sherman County, Texas home prices
Typical home $164,797 · +6.6% in a year · property tax 1.72%
The typical home in Sherman County is worth $164,797, 44% less than the Texas typical home ($296,424). Values changed +6.6% in the past year and — over five years. Homeowners here pay a median 1.72% of their home's value in property tax each year ($2,839 on the typical home), versus 1.32% statewide.
Mortgage on the typical Sherman County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $32,959 | $131,838 | $887 | $0 | $319 | $1,206 | $51,700 |
| 10% down | $16,480 | $148,318 | $998 | $62 | $319 | $1,379 | $59,100 |
| 5% down | $8,240 | $156,557 | $1,053 | $65 | $319 | $1,437 | $61,600 |
| 3.5% down (FHA) | $5,768 | $161,812 | $1,089 | $73 | $319 | $1,480 | $63,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.72% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Texas.
Texas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hockley County | $165,559 | +1.3% | 1.39% |
| Frio County | $166,174 | +1.4% | 1.55% |
| Carson County | $166,359 | +4.9% | 1.19% |
| Cass County | $161,748 | -0.9% | 0.94% |
| San Augustine County | $167,865 | -1.8% | 0.68% |
| Shackelford County | $161,294 | +1.4% | 1.15% |
| McCulloch County | $161,246 | +8.0% | 0.99% |
| Briscoe County | $161,037 | +12.9% | 1.09% |
| Reagan County | $160,753 | -11.6% | 0.92% |
| Trinity County | $169,177 | -5.5% | 1.06% |
Frequently asked questions
What is the average home price in Sherman County, TX?
The typical home value in Sherman County is $164,797 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Sherman County?
About $51,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Sherman County?
The median effective rate is 1.72% of home value a year (Census ACS 2024 5-year estimates).