The Shearer Hills-Ridgeview housing market is somewhat competitive. The median sale price of a home in Shearer Hills-Ridgeview was $230K last month, down 11.5% since last year. The median sale price per square foot in Shearer Hills-Ridgeview is $198, down 9.79% since last year.
What is the housing market like in Shearer Hills-Ridgeview today?
In March 2024, Shearer Hills-Ridgeview home prices were down 11.5% compared to last year, selling for a median price of $230K. On average, homes in Shearer Hills-Ridgeview sell after 56 days on the market compared to 27 days last year. There were 18 homes sold in March this year, up from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$230,000
-11.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Shearer Hills-Ridgeview, TX
$230,000
-11.5%
United States
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How hot is the Shearer Hills-Ridgeview housing market?
Shearer Hills-Ridgeview is somewhat competitive. Homes sell in 60 days.
0
100
36
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 60 days.
Hot homes
can sell for around list price and go pending in around 22 days.
Learn about schools in the Shearer Hills-Ridgeview area
Elementary
Middle
High
GreatSchools Rating
4/10
Ridgeview Elementary School
Public • PreK-5
518
Students
5 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Shearer Hills-Ridgeview housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Shearer Hills-Ridgeview.
Risk Factor
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Shearer Hills-Ridgeview has a moderate risk of flooding. 341 properties in Shearer Hills-Ridgeview are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Shearer Hills-Ridgeview. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Shearer Hills-Ridgeview has a minor risk of wildfire. There are 24 properties in Shearer Hills-Ridgeview that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Shearer Hills-Ridgeview.
73% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Shearer Hills-Ridgeview has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Shearer Hills-Ridgeview is most at risk from hurricanes. 2,488 properties in Shearer Hills-Ridgeview have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 104 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 109 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Shearer Hills-Ridgeview has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Shearer Hills-Ridgeview have a Severe Heat Factor®.
Shearer Hills-Ridgeview is expected to see a 200% increase in the number of days over 108ºF over the next 30 years. Shearer Hills-Ridgeview is expected to experience 6