Shepherd, TX—77371
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shepherd, TX
Shepherd, TX lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $210,000 | 2.7% |
| Single Family | $210,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $151,000 | 6.3% |
3 Bed | $225,000 | 3.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shepherd, TX
As of July '25, Rentcast reports the average rent in Shepherd, TX is $1,370, with a year-over-year rent change of 14.2%. Per bedroom, the median rent as of July '25 in Shepherd, TX is 1-bedrooms: $900, 2-bedrooms: $1,300, 3-bedrooms: $1,740. The most common rental property sizes in Shepherd, TX are 2-bedroom and 1-bedroom, accounting for 52.8% and 17.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,370 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $900 |
| 2 Bed Rent | $1,250 | $1,300 |
| 3 Bed Rent | $1,350 | $1,740 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Shepherd, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Shepherd, TX is 98. This is a increase of 30.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $241,000 | 6.0% |
Listing Count | 33 | 11.0% |
| Listings as % of Homes | 0.8% | 11.0% |
Days on Market | 98 | 30.0% |
Demographics — Shepherd, TX
As of the latest ACS Survey released in 2023, Shepherd, TX has a population of 7,550, which has decreased by -4.6% over the past 5 years. Shepherd, TX is a popular place for families, as children make up 31.9% of the population. The area has a poorly educated workforce, with 5.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,550 | -4.6% |
% Under 18 | 31.9% | 35.2% |
% Seniors | 10.8% | -34.1% |
% WFH | 3.1% | 47.6% |
% w/ College Degree | 5.9% | -10.6% |
As of the latest ACS Survey released in 2023, Shepherd, TX is a predominantly white area, with 60.5% of the population identifying as white. The white population has shrunk by 19.0% in the last 5 years. The second most common race or ethnicity in Shepherd, TX is hispanic, making up 25.6% of the population. Foreign-born residents account for 7.9% of the population in Shepherd, TX, and this percentage has increased by 8.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 60.5% | -19.0% |
% Black | 11.8% | 49.4% |
% Hispanic | 25.6% | 61.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 7.9% | 8.2% |
Mortgage and Risk — Shepherd, TX
According to HUD data as of 2023, there were 65 mortgage originations in Shepherd, TX, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 57.0% above 90% LTV (very high). This implies large mortgage risk in Shepherd, TX. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Shepherd, TX
Shepherd, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $900 | $840 |
| 2 Bedroom | -$320 | $1,250 | $930 |
| 3 Bedroom | -$120 | $1,350 | $1,230 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Shepherd, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $210,000 |
| Median Household Income | $78,700 |