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Sherman

New construction homes for sale in Sherman, TX

461 homes

New home communities in Sherman, TX

28 communities

  1. Jome
  2. New homes search
  3. Texas
  4. Dallas–Fort Worth Area
  5. Grayson County
  6. Sherman

Housing market in Sherman, TX

  • State
    Texas
  • Market
    Dallas-Fort Worth Area
  • Neighborhoods
    0
  • Communities
    27
  • Single family
    486
  • Townhouses
    1
  • Multi family
    0
  • Condominiums
    0
  • Active builders
    17
  • Starting price
    $199,999
  • Median price
    $319,500
  • Price per square foot
    $173.03

Real estate price trends

Home price data reflects 461 listings in Sherman, TX, sourced from Jome and updated regularly

*Based on Jome markets

What it's like to live in Sherman?

The Local Vibe (Location & Identity)

Sherman serves as the industrial and administrative hub of Grayson County, positioned roughly 65 miles north of Dallas along the US-75 corridor. While historically a standalone manufacturing center, the city is transforming into a high-tech corridor driven by multi-billion dollar investments from Texas Instruments and GlobiTech. This economic shift attracts a specialized workforce of engineers and tech professionals, balancing a traditional community identity with rapid modern expansion.

Living Here: Amenities & Lifestyle

Daily life revolves around a mix of historic charm and modern convenience. Residents often spend weekends exploring the boutiques and local eateries around the Downtown Sherman square or catching a film at Schulman's Movie Bowl Grille. For outdoor recreation, Herman Baker Park offers scenic trails and a lake, while the expansive Pecan Grove Park provides athletic fields and picnic spots. The city’s location makes Lake Texoma a frequent destination for boating and fishing, located just a 20-minute drive north. Commuters benefit from direct access to SH-82 and US-75, though the local job market is increasingly self-contained. This growth has spurred a variety of new home communities in Sherman to accommodate the influx of tech workers.

Schools & Family Appeal

Sherman Independent School District serves the area, recently opening a state-of-the-art high school campus to support the growing student population. Families are also drawn to the presence of Austin College, which lends a collegiate atmosphere to the community. Local libraries and the Splash Family Aquatics Center provide year-round gathering spots for residents of all ages.

Why New Construction Makes Sense Here

With much of the local housing stock dating back several decades, new construction in Sherman offers significant financial advantages for modern buyers. Older homes in Grayson County often require immediate capital expenditures for aging HVAC systems or roof repairs, which can cost homeowners upwards of $15,000 in the first few years. By contrast, a 2024 build compared to a 1990s-era property can yield estimated utility savings of $150-250 per month due to superior insulation and Energy Star-rated appliances. These potential savings, combined with builder rate buy-downs, make move-in ready homes in Sherman a more predictable investment. This is particularly relevant in North Texas, where extreme summer heat puts a heavy strain on older, less efficient cooling systems.

Frequently Asked Questions (FAQs)

What is the current median sale price for a property in Sherman, TX?

In the Sherman, TX, prospective homeowners can expect a median sale price of $325,000, according to the latest data from March 2026. This price reflects a market of 453 newly constructed homes, each brought to life by one of 18 skilled building teams.

Who are the major developers of new construction homes in Sherman, TX?

The major players in the new construction home market in Sherman, TX, are developers such as Wyldewood Homes, D.R. Horton, Highland Homes, Lennar and K. Hovnanian® Homes. Their expertise is evident in the quality and design of homes across various neighborhoods.

Q: What school districts serve new construction in the Sherman area?

Most new construction within Sherman city limits is served by Sherman ISD, which has been expanding campus capacity in northern growth corridors near the TI site. Communities on the western and southern fringes may fall into Pottsboro ISD, Bells ISD, or Van Alstyne ISD — Van Alstyne ISD in particular has attracted buyers specifically for its academic standing. Address-level verification is essential because subdivision roads in Grayson County sometimes cross district lines without obvious indicators.

What utilities serve new construction in Sherman?

New construction in Sherman city limits connects to City of Sherman utilities for water and wastewater. Sherman operates its own water treatment facility drawing primarily from Lake Texoma — one of Texas's largest reservoirs — providing significant long-term supply security that is increasingly a differentiator as North Texas water competition intensifies. Development on Sherman's outer edges may fall into MUD districts or private utility districts before annexation. The city is proactively extending utility infrastructure along northern corridors ahead of TI-related growth.

What is the Texas Instruments semiconductor campus doing to Sherman's housing market, and is it too early for buyers to benefit?

Texas Instruments announced a massive semiconductor manufacturing campus in Sherman in 2022 — one of the largest private investments in North Texas history. Construction is underway with phased production expected to begin mid-decade. Sherman's housing market has already moved in response: land values in northern Grayson County increased, and builders accelerated subdivision permitting ahead of anticipated demand from plant employees and supplier company staff. Semiconductor fabs create thousands of direct and indirect jobs over multi-decade timelines — this is a legitimate long-term demand driver, not speculation.