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Sheep Springs—87364

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
N/A
N/A
Household Income
$30,000
55.3% YoY Growth
Days on Market
N/A
N/A
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Sheep Springs

Sheep Springs lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
N/AN/A
Single Family N/AN/A
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A

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  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    28.0%
    1 Bedroom
    10.9%
    2 Bedrooms
    17.0%
    3 Bedrooms
    31.7%
    4 Bedrooms
    9.4%
    5+ Bedrooms
    3.0%

    Rental Trends — Sheep Springs

    Sheep Springs lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    18.9%
    3 Bedrooms
    54.7%
    4 Bedrooms
    15.1%
    5+ Bedrooms
    11.3%

    Property Listings — Sheep Springs

    Sheep Springs lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		N/AN/A
    Listing Count
    		N/AN/A
    Listings as % of HomesN/AN/A
    Days on Market
    		N/AN/A
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    Demographics — Sheep Springs

    As of the latest ACS Survey released in 2023, Sheep Springs has a population of 1,570, which has increased by 61.7% over the past 5 years. Sheep Springs is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 6.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,57061.7%
    % Under 18
    		23.5%2.6%
    % Seniors
    		13.9%-16.3%
    % WFH
    		9.1%3.4%
    % w/ College Degree
    		6.8%74.4%
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    As of the latest ACS Survey released in 2023, Sheep Springs is a predominantly hispanic area, with 1.4% of the population identifying as hispanic. The hispanic population has grown by 16.7% in the last 5 years. The second most common race or ethnicity in Sheep Springs is white, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Sheep Springs, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		0.0%-100.0%
    % Black
    		0.0%N/A
    % Hispanic
    		1.4%16.7%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.0%-100.0%
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    Mortgage and Risk — Sheep Springs

    Sheep Springs lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Sheep Springs

    Sheep Springs lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		2
    Total Units Section 8
    		2
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$770
    2 BedroomN/AN/A$930
    3 BedroomN/AN/A$1,310
    4 BedroomN/AN/A$1,420

    Affordability — Sheep Springs

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home PriceN/A
    Median Household Income$30,000

    Sheep Springs — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Newcomb

    87455

    Buffalo Springs

    87325

    Crystal

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    Frequently Asked Questions