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1 / 12#12. Gordonville, TX
- Typical home value: $211,840
- 1-year price change: -7.4%
- 5-year price change: +3.1%
Cities with the most expensive homes in the Sherman metro area
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Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Sherman metro area using data from . Charts show the monthly typical home value since January 2018. All 12 cities and towns with data available were included in the list.
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2 / 12#11. Denison, TX
- Typical home value: $223,253
- 1-year price change: -6.6%
- 5-year price change: +4.7%
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3 / 12#10. Howe, TX
- Typical home value: $239,319
- 1-year price change: -9.5%
- 5-year price change: +9.2%
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4 / 12#9. Sherman, TX
- Typical home value: $252,838
- 1-year price change: -6.8%
- 5-year price change: +8.5%
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5 / 12#8. Pottsboro, TX
- Typical home value: $339,512
- 1-year price change: -0.3%
- 5-year price change: +18.5%
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6 / 12#7. Whitesboro, TX
- Typical home value: $350,572
- 1-year price change: -0.5%
- 5-year price change: +16.1%
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7 / 12#6. Whitewright, TX
- Typical home value: $361,555
- 1-year price change: -3.1%
- 5-year price change: +10.3%
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8 / 12#5. Bells, TX
- Typical home value: $366,685
- 1-year price change: -2.0%
- 5-year price change: +18.4%
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9 / 12#4. Tioga, TX
- Typical home value: $375,402
- 1-year price change: -4.6%
- 5-year price change: +16.0%
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10 / 12#3. Collinsville, TX
- Typical home value: $390,173
- 1-year price change: +0.1%
- 5-year price change: +17.6%
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11 / 12#2. Van Alstyne, TX
- Typical home value: $423,856
- 1-year price change: -3.0%
- 5-year price change: +13.3%
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12 / 12#1. Gunter, TX
- Typical home value: $651,219
- 1-year price change: -2.4%
- 5-year price change: +29.7%
