Sherman, TX Real Estate
According to census data in the year 2000 there were 14,917 housing units in Sherman.
This represents a 4.6% growth from 14,261 in 1990.
Of those housing units, 14,435 were located in either urbanized areas or urban clusters, and 482 were located in what is classified as a rural area.
Homeownership rate in Sherman is about 56.2%.
Sherman's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Sherman were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.90% |
| One Bedroom | 14.70% |
| Two Bedrooms | 31.70% |
| Three Bedrooms | 38.80% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $69,400 |
| Median Price asked for vacant units | $68,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $472 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 4.90% |
| Simple Mortgage | 47.50% |
| Debt Free | 45% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
