Home Market View

Home prices, listings & rents by city and ZIP code.

… cities & places
Median sale price
<$300K$700K+

Shepherd, MI: housing market trends

The median home sale price in Shepherd, MI was $164,921 for the three-month period ending September 2026. Sale prices were 16.2% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$164,921
three-month period ending September 2026
Median sale price per sq ft
$140.88
three-month period ending September 2026
Active listings
15
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 15 active listings for the three-month period ending September 2026. Active listings were essentially unchanged from the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 34 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Shepherd, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$164,921$140.886 · small sample
Single-familySeptember 2026$164,934$140.886 · small sample
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Shepherd, MI
MarketMedian sale priceReporting period / source
Mount Pleasant, MI$214,8983 months ending September 2026 · Redfin
Saint Louis, MIUnavailableMonth ending unavailable date · Zillow
Elwell, MIUnavailableMonth ending unavailable date · Zillow
Alma, MI$149,9293 months ending September 2026 · Redfin
Riverdale, MI$122,9413 months ending September 2026 · Redfin
Rosebush, MI$42,0003 months ending April 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Shepherd, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$164,921$140.8815
August 2026$165,000$144.3512
July 2026$165,000$118.7413
June 2026$224,900$101.6011
May 2026$213,000$113.2412
April 2026$168,250$122.8815
March 2026$168,250$122.8814
February 2026$157,500$141.0315
January 2026$130,000$104.5515
December 2025$147,500$132.6313
November 2025$165,000$160.2015
October 2025$196,895$156.7118
September 2025$196,895$147.4615
August 2025$162,000$87.2413
July 2025$105,500$88.878
June 2025$144,950$106.5310
May 2025$174,900$115.529
April 2025$149,950$114.588
March 2025$219,750$169.146
February 2025$219,750$169.146
January 2025$100,000$79.377
December 2024$125,000$83.509
November 2024$155,300$98.3011
October 2024$222,300$148.2510

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

Look up price per square foot by ZIP codeBrowse all MI markets