$190,000
4.73 Acres
Land
Jessica Ayala, Listing Office: Styled Real Estate
Is Shepherd, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Shepherd was a Seller's Market.
Key Takeaway
Shepherd is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shepherd, TX
How much do homes in Shepherd, TX cost?
Median Sold Price
$212,500
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,500(+6.3%)
Key Takeaway
Homes in Shepherd have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Shepherd was $212,500 in October 2024, up 6.3% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | - | N/A |
| 2 Bedrooms | $135K | $150K | +11.1% |
| 3 Bedrooms | $200K | $190K | -5.0% |
| 4 Bedrooms | $254K | $345K | +35.8% |
| 5+ Bedrooms | - | $310K | N/A |
Summary: Shepherd housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 35.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Shepherd | $200K | $212.5K | +6.3% |
| Shepherd-Evergreen | $252K | $252K | 0% |
Housing Supply in Shepherd, TX
How many homes are available in Shepherd, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 29 | 0.0% |
Summary: The Shepherd real estate market had 29 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Shepherd housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shepherd, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Shepherd in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Shepherd, TX
How long does it take to sell a home in Shepherd, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 18 Days | -65.4% |
Summary: Homes in Shepherd had an average of 18 days on market in Oct 2024, down by 65.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shepherd are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Shepherd; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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