In-depth Real Estate Data: Local Markets

Shepherd Research, Pricing, and Statistics

From February 2nd, 2025 through August 1st, 2025

Average Price Reduction:

7%

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

31

Average List Price

$265,590

Typical List Price

$162k to $322k

Homes Listed per Price Range

A visual list price spectrum representation

$59kto$161k$161kto$262k$262kto$364k$364kto$465k$465kto$567k$567kto$668k$668kto$770k$770kto$850k
2025889322

Average Price Reduction

7%

Typical Price Reduction

0% to 10%

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-11%-11%to-5%-5%to1%1%to7%7%to14%14%to20%20%to26%26%to32%32%to39%39%to43%
202511576332

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.