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Featured local agent — Shallowater, TX
Sarah Mitchell
Compass Real Estate · Shallowater, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Shallowater, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$375,000median sale price
How is the Shallowater, TX housing market right now?
The median home sale price in Shallowater, TX is $375,000, up 53.4% year-over-year. Homes sell in an average of 32 days with 14 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Shallowater a buyer's or seller's market?
Shallowater, TX is currently a seller's market, based on 2.8 months of supply and homes selling in about 32 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
32
Average pace
Active listings
14
2.8 months supply
Sale-to-list
—
Below asking
What does the Shallowater housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $375,000 |
| Median list price | $345,500 |
| Year-over-year price change | +53.4% |
| Average days on market | 32 days |
| Active inventory | 14 listings |
| Months of supply | 2.8 months |
| Median price per sq ft | $184/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 6 |
| Listings with a price cut | 28.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Shallowater by property type?
How the Shallowater, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $375,000 | $184/sq ft | 5 | 32 days |
Source: Redfin · Updated monthly
The Shallowater housing market is currently classified as a seller's market with a median sale price of $375,000. Prices have risen 53.4% compared to last year, with homes spending an average of 32 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Shallowater
There are currently 14 homes listed for sale in Shallowater, Texas. The median listing price is $346K.
Active listings
14
Homes on market
Median list price
$346K
Avg. days on market
32
Days until sale
New this week
6
Newly listed
Who lives in Shallowater?
Population
2,935
Median income
$79,848/yr
Median age
36.9 years
Owner-occupied
81.4%
College grads
26.7%
Avg commute
18.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Shallowater?
Zillow home value
$297,387
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Shallowater?
Shallowater is a community of approximately 3K residents with a median age of 36.9 years.The median household income is $79,848, which reflects a relatively affluent area with strong earning potential. 26.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 81.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Shallowater offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Shallowater?
4 schools tracked · 1,731 students
The largest public schools serving Shallowater, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
SHALLOWATER MIDDLE
Grades 5-8 · 520 students
SHALLOWATER H S
Grades 9-12 · 504 students
SHALLOWATER INT
Grades 2-4 · 386 students
SHALLOWATER EL
Grades PK-1 · 321 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Shallowater, TX?
Want a head-to-head view? Compare Shallowater side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Shallowater?
The median home sale price in Shallowater is $375,000, up 53.4% from last year.
How long do homes stay on market in Shallowater?
Homes typically spend 32 days on market before going under contract.
What is the median income in Shallowater?
The median household income is $79,848 per year.
Is Shallowater a buyer's or seller's market?
With 2.8 months of supply, Shallowater is currently a seller's market.
What is the Zillow home value estimate for Shallowater?
The Zillow Home Value Index (ZHVI) for Shallowater is $297,387, representing the typical home value in the area.
How much does a single-family home cost in Shallowater?
The median single-family home price in Shallowater, TX is $375,000 (about $184 per square foot).
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