In-depth Real Estate Data: Local Markets

Shepherd Research, Pricing, and Statistics

From July 25th, 2024 through January 21st, 2025

Units Sold:

30

Average Sold Price:

$134,221

Average Sold Discount:

10%

Average Price Reduction:

6%

Average DOM:

90

The Shepherd local market in Houston offers a diverse range of homes, with 45 properties currently for sale. Average list prices are around $246,097, with sizes averaging 1,684 sq ft. Homes range from cozy 480 sq ft spaces to larger 4,140 sq ft options, catering to various buyer needs.

Active Listings

39

Average List Price

$254,812

Typical List Price

$158k to $318k

Homes Listed per Price Range

A visual list price spectrum representation

$59kto$154k$154kto$249k$249kto$344k$344kto$439k$439kto$534k$534kto$629k$629kto$724k$724kto$819k$819kto$850k
202591113322

Sold Listings

30

Average Selling Price

$134,221

Typical Selling Price

$7k to $208k

Homes Sold per Price Range

A visual sold price spectrum representation

$3kto$132k$132kto$262k$262kto$391k$391kto$520k$520kto$649k$649kto$725k
202518832

Average Sold Price per Sq Ft

$143

Typical Sold Price per Sq Ft

$108 to $185

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$58to$97$97to$137$137to$176$176to$216$216to$255
202522433

Average Days to Sell

90

Typical Days to Sell

14 to 135

Days on the Market Distribution

The number of homes sold in each DOM range

1to7979to157157to236236to314314to392392to470470to548548to571
2025214312

Average Price Reduction

6%

Typical Price Reduction

0% to 9%

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.)

-18%to-12%-12%to-7%-7%to-2%-2%to3%3%to8%8%to14%14%to19%19%to24%24%to29%29%to32%
2025124953123

Average Discount from Original List

10%

Typical Sold Discount from Original List

0% to 18%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-5%to3%3%to12%12%to20%20%to29%29%to37%37%to45%
20251157112

Average Discount from Last List

11%

Typical Sold Discount from Last List

0% to 20%

Negotiated Disocunts from Final List Price

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

-6%to7%7%to20%20%to33%33%to45%
2025151025

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.