Sheldon, Houston, TX—77049
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sheldon, Houston, TX
As of Oct '25, the median home price in Sheldon, Houston, TX is $241,000, with a year-over-year change of -2.4%. This indicates that home prices in Sheldon, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $241,000 | -2.4% |
| Single Family | $241,000 | -2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $163,000 | -5.8% |
3 Bed | $219,000 | -3.5% |
4 Bed | $271,000 | -2.2% |
| 5 Bed | $339,000 | -2.0% |
% of Housing Stock
Rental Trends — Sheldon, Houston, TX
As of July '25, Rentcast reports the average rent in Sheldon, Houston, TX is $1,720, with a year-over-year rent change of 3.0%. Per bedroom, the median rent as of July '25 in Sheldon, Houston, TX is studios: $772, 1-bedrooms: $1,060, 2-bedrooms: $1,390, 3-bedrooms: $1,890, 4-bedrooms: $2,500. The most common rental property sizes in Sheldon, Houston, TX are 2-bedroom and 3-bedroom, accounting for 35.1% and 33.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,720 |
| Studio Rent | $772 | $772 |
| 1 Bed Rent | $1,020 | $1,060 |
| 2 Bed Rent | $1,300 | $1,390 |
| 3 Bed Rent | $1,850 | $1,890 |
| 4 Bed Rent | $2,200 | $2,500 |
% of Rental Stock
Property Listings — Sheldon, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Sheldon, Houston, TX is 56. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | -5.0% |
Listing Count | 93 | -11.0% |
| Listings as % of Homes | 0.6% | -11.0% |
Days on Market | 56 | 7.0% |
Demographics — Sheldon, Houston, TX
As of the latest ACS Survey released in 2023, Sheldon, Houston, TX has a population of 40,400, which has increased by 14.6% over the past 5 years. Sheldon, Houston, TX is a popular place for families, as children make up 32.7% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,400 | 14.6% |
% Under 18 | 32.7% | 3.8% |
% Seniors | 7.5% | 25.0% |
% WFH | 6.8% | 240.0% |
% w/ College Degree | 14.7% | -7.5% |
As of the latest ACS Survey released in 2023, Sheldon, Houston, TX is a predominantly hispanic area, with 66.4% of the population identifying as hispanic. The hispanic population has grown by 4.6% in the last 5 years. The second most common race or ethnicity in Sheldon, Houston, TX is black, making up 19.6% of the population. Foreign-born residents account for 26.4% of the population in Sheldon, Houston, TX, and this percentage has decreased by 3.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 9.9% | 1.0% |
% Black | 19.6% | -11.3% |
% Hispanic | 66.4% | 4.6% |
% Asian | 3.3% | -10.8% |
% Foreign Born | 26.4% | -3.6% |
Mortgage and Risk — Sheldon, Houston, TX
According to HUD data as of 2023, there were 338 mortgage originations in Sheldon, Houston, TX, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in Sheldon, Houston, TX. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 338 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Sheldon, Houston, TX
As of 2024, the percent of homes in Sheldon, Houston, TX under the Section 8 program is 7.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Sheldon, Houston, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 256 |
Total Units Section 8 | 256 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,020 | $1,360 |
| 2 Bedroom | $330 | $1,300 | $1,630 |
| 3 Bedroom | $320 | $1,850 | $2,170 |
| 4 Bedroom | $540 | $2,200 | $2,740 |
Affordability — Sheldon, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $241,000 |
| Median Household Income | $70,500 |