Housing in Shallowater, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$369,900

Median List Price

$284,450

Price Per Sq Ft

$170

Days on Market

141

Active Inventory

8

Months of Supply

2.7

Seller's market

Zillow Home Value

$289,675

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 85.0%List Price 13.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

20.0%

Sold Above Asking
0.0%
Under Contract in 2 Wks
20.0%
Listings with Price Drops
12.5%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

4

Pending Sales

5

Homes Sold 40.0%New Listings 20.0%Pending 37.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$170

Median List $/SF

$167

Sale $/SF 42.9%List $/SF 9.9%Mar 24Jan 26

Shallowater vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Shallowater is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$210,400

Median Rent

$1,179

Total Housing Units

1,083

Vacancy Rate

7.0%

Owner Occupied

81.4%

Renter Occupied

18.6%

Median Property Tax

$3,795

per year

Monthly Cost (w/ Mortgage)

$1,503

Housing Types

Single Family
90.5%
Multi-Family
1.9%
Mobile Home
7.6%

The current median sale price in Shallowater, TX is $369,900 according to Redfin data. Homes spend a median of 141 days on the market. 0.0% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $170. The median rent is $1,179 per month (Census ACS). About 81.4% of housing units are owner-occupied. The median year homes were built is 1986. There are 1,083 total housing units.