Is Shepherd-Evergreen, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shepherd-Evergreen is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Shepherd-Evergreen has remained a Buyer's Market.

Key Takeaway

Shepherd-Evergreen is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Shepherd-Evergreen, TX

How much do homes in Shepherd-Evergreen, TX cost?

Median Sold Price

$237,495

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$2,505(-1.0%)

Key Takeaway

Homes in Shepherd-Evergreen have sold for 1% less than they did a year ago.

Summary: The median home sold price in Shepherd-Evergreen was $237,495 in February 2024, down 1% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $230K$185K
-19.6%
2 $183.5K$176K
-4.1%
3 $240K$252K
+5.0%
4 $289.5K$268.9K
-7.1%
5+ $1.1M-
N/A

Summary: Shepherd-Evergreen housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.6%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Livingston-Onalaska
+6.3%
Shepherd-Evergreen
-1.0%

Housing Supply in Shepherd-Evergreen, TX

How many homes are available in Shepherd-Evergreen, TX?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7085+21.4%

Summary: The Shepherd-Evergreen real estate market had 85 homes for sale in February 2024, a 21.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 1216
+33.3%
3 3945
+15.4%
4 1417
+21.4%
5+ 46
+50.0%

Summary: The Shepherd-Evergreen housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shepherd-Evergreen, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Shepherd-Evergreen in February 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Shepherd-Evergreen, TX

How long does it take to sell a home in Shepherd-Evergreen, TX?

Average Sale Time

Feb 2023Feb 2024CHANGE
48 Days106 Days+118.1%

Summary: Homes in Shepherd-Evergreen had an average of 106 days on market in Feb 2024, up by 118.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Shepherd-Evergreen has remained consistent over time.

Summary: During February 2024, 4 homes were sold in Shepherd-Evergreen; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Shepherd-Evergreen, TX

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