In-depth Real Estate Data: Local Markets

Sheldon Research, Pricing, and Statistics

From May 26th, 2024 through November 22nd, 2024

Units Sold:

161

Average Sold Price:

$249,329

Average Sold Discount:

5%

Average Price Reduction:

3%

Average DOM:

68

The Sheldon local market in Houston offers a diverse range of homes, with 174 listings priced from $100,000 to $1,550,000. Average homes span 2,118 sq ft and sit on lots averaging 13,028 sq ft. With active builders like Long Lake and Lake Ridge, buyers can find new options ranging from $317,485 to $425,805.

Active Listings

175

Average List Price

$310,261

Typical List Price

$240k to $357k

Homes Listed per Price Range

A visual list price spectrum representation

$100kto$173k$173kto$245k$245kto$318k$318kto$390k$390kto$463k$463kto$535k$535kto$608k$608kto$680k$680kto$753k$753kto$825k$825kto$898k$898kto$970k$970kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M
2024741633225111212

Sold Listings

161

Average Selling Price

$249,329

Typical Selling Price

$205k to $288k

Homes Sold per Price Range

A visual sold price spectrum representation

$16kto$47k$47kto$78k$78kto$109k$109kto$140k$140kto$171k$171kto$201k$201kto$232k$232kto$263k$263kto$294k$294kto$325k$325kto$356k$356kto$387k$387kto$418k$418kto$449k$449kto$480k$480kto$511k$511kto$542k$542kto$573k$573kto$604k$604kto$635k
20242233141424342717413212

Average Sold Price per Sq Ft

$151

Typical Sold Price per Sq Ft

$128 to $166

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$68to$81$81to$93$93to$105$105to$118$118to$130$130to$143$143to$155$155to$167$167to$180$180to$192$192to$205$205to$217$217to$229$229to$242$242to$254$254to$262
202446518243426205512112

Average Days to Sell

68

Typical Days to Sell

17 to 84

Days on the Market Distribution

The number of homes sold in each DOM range

1to2828to5555to8282to109109to136136to163163to190190to217217to244244to271271to297297to324324to351351to378378to405405to432432to459459to486486to513513to540
20245345211310325411112

Average Price Reduction

3%

Typical Price Reduction

0% to 4%

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-15%to-13%-13%to-11%-11%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to1%1%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to18%18%to20%20%to21%21%to23%
2024112624936573225167751154

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 9%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-19%to-16%-16%to-13%-13%to-9%-9%to-6%-6%to-3%-3%to0%0%to4%4%to7%7%to10%10%to13%13%to17%17%to20%20%to23%23%to26%26%to28%
202411343283025145642

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-19%to-17%-17%to-15%-15%to-13%-13%to-11%-11%to-10%-10%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to15%15%to17%17%to19%
202412385921201412546214

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.