Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sherman Junction area can be challenging. Home prices in Sherman Junction are now at a median cost of $260,237, higher than the Texas average of $235,268.
The average cost of rent is $865/mo in Sherman Junction, primarily driven by the current value of real estate in the Sherman Junction area. While nearly 43.16% of residents own their homes outright in Sherman Junction, 15.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sherman Junction is $8,024 per month. Households that rent pay about 10.78% of their income on rent here. Sherman Junction's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Pottsboro, TX: less expensive homes
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- Knollwood, TX: less expensive homes
- Preston, TX: less expensive homes
- Cartwright, OK: less expensive homes
- Locust, TX: less expensive homes
- Colbert, OK: less expensive homes
- Sherman, TX: less expensive homes
- Penland, TX: less expensive homes
- Smith Oaks, TX: less expensive homes
Cities with Similar Populations
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- Bloomington, NY: less expensive homes
- Blue Diamond, NV: higher priced homes
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- Bon Wier, TX: less expensive homes
- Boonsville, TX: less expensive homes
- Botha, VA: higher priced homes
- Bovine, AR: less expensive homes
- Bowstring, MN: less expensive homes
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