The housing market in Shepherd, TX (77371) is doing quite well. The median value of a home there is $150,400 which is significantly lower than the national median value of $338,100. However, what makes the housing market in Shepherd particularly attractive is the 1 year house appreciation rate of 15.68%, which is far higher than the national average appreciation rate of 8.27%. This makes buying a home in Shepherd an especially attractive prospect for potential homeowners looking to take advantage of this rapidly appreciating market.
The median home cost in Shepherd (zip 77371) is $150,400. Home appreciation the last 10 years has been 111.6%. Home Appreciation in Shepherd (zip 77371) is up 23.0%.
Average Age of Homes
- The median age of Shepherd (zip 77371) real estate is 29 years old
The Rental Market in Shepherd (zip 77371)
- Renters make up 21.4% of the Shepherd (zip 77371) population
- 0.0% of houses and apartments in Shepherd (zip 77371), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.