Shepherd, TX 77371 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Shepherd, TX—77371

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$199,000

2.6% YoY Growth

Household Income

$78,700

94.5% YoY Growth

Days on Market

92

28.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,300

14.2% YoY Growth

1-Bed Rent

$900

3.5% YoY Growth

2-Bed Rent

$1,250

3.2% YoY Growth

3-Bed Rent

$1,350

26.1% YoY Growth

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	$199,000	2.6%
Single Family	$199,000	2.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

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

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% of Rental Stock

Studio

1.0%

1 Bedroom

17.1%

2 Bedrooms

52.8%

3 Bedrooms

17.0%

4 Bedrooms

12.1%

Property Listings — Shepherd, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in Shepherd, TX is 91. This is a increase of 31.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$250,000	-2.0%
Listing Count	37	20.0%
Listings as % of Homes	0.8%	20.0%
Days on Market	92	28.0%

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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%

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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%

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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%

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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

Shepherd, TX—77371

Key Metrics at a Glance

Home Price Trends — Shepherd, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Shepherd, TX

% of Rental Stock

Property Listings — Shepherd, TX

Demographics — Shepherd, TX

Race and Ethnicity

Mortgage and Risk — Shepherd, TX

Mortgages

Rentals and Section 8 — Shepherd, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Shepherd, TX

Home Price to Income Ratio

Shepherd, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Dayton, TX

Cleveland, TX

Coldspring, TX

Fuqua

Votaw

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$199,000
Median Household Income	$78,700

Shepherd, TX—77371

Key Metrics at a Glance

Home Price Trends — Shepherd, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Shepherd, TX

% of Rental Stock

Property Listings — Shepherd, TX

Demographics — Shepherd, TX

Race and Ethnicity

Mortgage and Risk — Shepherd, TX

Mortgages

Rentals and Section 8 — Shepherd, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Shepherd, TX

Home Price to Income Ratio

Shepherd, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Dayton, TX

Cleveland, TX

Coldspring, TX

Fuqua

Votaw

Frequently Asked Questions

What is the average home price in Shepherd, TX 77371?

How have home prices in Shepherd, TX 77371 changed over the past year?

What is the home price projection for Shepherd, TX 77371?

What are the demographics of Shepherd, TX 77371?

How long does it take homes to sell in Shepherd, TX 77371?

What is the average rent price in Shepherd, TX 77371?