Cities with the fastest growing home prices in Sherman metro area

Written by:
January 19, 2023
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Cities with the fastest growing home prices in Sherman metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Sherman-Denison, TX metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 14 cities and towns with data available were included in the list.

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1 / 14
Stacker

#14. Gordonville, TX

- 1-year price change: +$38,675 (+23.2%)
- 5-year price change: +$94,815 (+86.0%)
- Typical home value: $205,053 (#14 most expensive city in metro)
2 / 14
Stacker

#13. Denison, TX

- 1-year price change: +$40,521 (+20.7%)
- 5-year price change: +$111,414 (+89.5%)
- Typical home value: $235,836 (#13 most expensive city in metro)
3 / 14
Stacker

#12. Whitesboro, TX

- 1-year price change: +$45,798 (+16.3%)
- 5-year price change: +$150,886 (+86.2%)
- Typical home value: $326,026 (#10 most expensive city in metro)
4 / 14
Stacker

#11. Howe, TX

- 1-year price change: +$46,044 (+20.4%)
- 5-year price change: +$117,319 (+76.2%)
- Typical home value: $271,227 (#12 most expensive city in metro)
5 / 14
Stacker

#10. Sherman, TX

- 1-year price change: +$47,140 (+21.0%)
- 5-year price change: +$123,397 (+83.1%)
- Typical home value: $271,922 (#11 most expensive city in metro)

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6 / 14
Stacker

#9. Luella, TX

- 1-year price change: +$54,323 (+18.9%)
- 5-year price change: +$165,412 (+93.8%)
- Typical home value: $341,799 (#8 most expensive city in metro)
7 / 14
Stacker

#8. Tioga, TX

- 1-year price change: +$58,676 (+18.1%)
- 5-year price change: +$174,044 (+83.7%)
- Typical home value: $382,084 (#4 most expensive city in metro)
8 / 14
Stacker

#7. Collinsville, TX

- 1-year price change: +$62,387 (+21.7%)
- 5-year price change: +$163,317 (+87.7%)
- Typical home value: $349,481 (#7 most expensive city in metro)
9 / 14
Stacker

#6. Van Alstyne, TX

- 1-year price change: +$62,723 (+16.6%)
- 5-year price change: +$191,187 (+76.6%)
- Typical home value: $440,810 (#3 most expensive city in metro)
10 / 14
Stacker

#5. Pottsboro, TX

- 1-year price change: +$62,729 (+21.6%)
- 5-year price change: +$166,672 (+89.2%)
- Typical home value: $353,602 (#6 most expensive city in metro)

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11 / 14
Stacker

#4. Whitewright, TX

- 1-year price change: +$62,745 (+22.6%)
- 5-year price change: +$157,840 (+86.8%)
- Typical home value: $339,767 (#9 most expensive city in metro)
12 / 14
Stacker

#3. Bells, TX

- 1-year price change: +$70,715 (+23.6%)
- 5-year price change: +$179,841 (+94.2%)
- Typical home value: $370,654 (#5 most expensive city in metro)
13 / 14
Stacker

#2. Sadler, TX

- 1-year price change: +$90,666 (+24.4%)
- 5-year price change: +$240,587 (+108.5%)
- Typical home value: $462,285 (#2 most expensive city in metro)
14 / 14
Stacker

#1. Gunter, TX

- 1-year price change: +$135,607 (+25.7%)
- 5-year price change: +$308,943 (+87.3%)
- Typical home value: $662,853 (#1 most expensive city in metro)

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