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Featured local agent — Sherman, MS
Sarah Mitchell
Compass Real Estate · Sherman, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Sherman, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$195,000median sale price
How is the Sherman, MS housing market right now?
The median home sale price in Sherman, MS is $195,000, up 30.0% year-over-year. Homes sell in an average of 38 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Sherman a buyer's or seller's market?
Sherman, MS is currently a seller's market, based on 0.5 months of supply and homes selling in about 38 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
38
Average pace
Active listings
1
0.5 months supply
Sale-to-list
—
Below asking
What does the Sherman housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $195,000 |
| Median list price | $230,000 |
| Year-over-year price change | +30.0% |
| Average days on market | 38 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Median price per sq ft | $168/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Sherman by property type?
How the Sherman, MS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $195,000 | $168/sq ft | 2 | 38 days |
Source: Redfin · Updated monthly
The Sherman housing market is currently classified as a seller's market with a median sale price of $195,000. Prices have risen 30.0% compared to last year, with homes spending an average of 38 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Sherman
There are currently 1 homes listed for sale in Sherman, Mississippi. The median listing price is $230K.
Active listings
1
Homes on market
Median list price
$230K
Avg. days on market
38
Days until sale
New this week
1
Newly listed
Who lives in Sherman?
Population
515
Median income
$57,969/yr
Median age
49.9 years
Owner-occupied
64.5%
College grads
15.8%
Avg commute
22.3 min
Source: U.S. Census Bureau ACS
What is it like to live in Sherman?
Sherman is a community of approximately 1K residents with a median age of 49.9 years.The median household income is $57,969, which represents a working-class community with solid middle-income opportunities. 15.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.5%, showing a blend of owner and renter-occupied properties. The average commute time is 22.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Sherman offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Sherman, MS?
Want a head-to-head view? Compare Sherman side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Sherman?
The median home sale price in Sherman is $195,000, up 30.0% from last year.
How long do homes stay on market in Sherman?
Homes typically spend 38 days on market before going under contract.
What is the median income in Sherman?
The median household income is $57,969 per year.
Is Sherman a buyer's or seller's market?
With 0.5 months of supply, Sherman is currently a seller's market.
How much does a single-family home cost in Sherman?
The median single-family home price in Sherman, MS is $195,000 (about $168 per square foot).
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