Shepherd, MI Foreclosures
How much do homes sell for in Shepherd, MI?
The average home price is currently $201,960.
What’s the average rental cost in Shepherd, MI?
The average rental price in Shepherd is $1,496.
What is the most expensive home in Shepherd?
The most expensive home sold in Shepherd had a price of $877,080.
What is currently the cheapest priced home in Shepherd, MI?
The cheapest home for sale in Shepherd is priced at $14,089.
Living in Shepherd, MI
Shepherd is a small village located in central Michigan. It boasts a quaint, close-knit community with access to local parks and recreational activities, making it a charming place to call home. With a rich history and a strong sense of local pride, residents enjoy a peaceful lifestyle while still being able to access the amenities of larger cities nearby.
Current Market Conditions in Shepherd, MI
Currently, the real estate market in Shepherd is showing signs of strength, with a steady demand for homes driven by the village's attractive lifestyle and sense of community. Although the village is small, it has seen an uptick in interest from both first-time homebuyers and those looking for vacation homes due to its scenic charm and outdoor opportunities.
As of the last report, the median home prices in Shepherd have increased moderately over the past year, signifying a healthy market trend for sellers while still being relatively affordable for buyers. Notable improvements in local infrastructure and amenities have contributed to enhanced property values, indicating potential for future growth.
Home Value Estimator For Shepherd, MI
There are currently 2,604 real estate properties
in Shepherd, MI,
with a median automated valuation model (AVM) price
of $185,581.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Shepherd, MI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Shepherd, MI,
is $201,960.00, with the most expensive house
in Shepherd, MI, topping out
at $877,080.00 and the cheapest home
in Shepherd, MI,
clocking in at $14,089.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Shepherd, MI!
Rent Prices
In Shepherd, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Shepherd, MI, is on
a rollercoaster ride. The
average rent price in Shepherd, MI,
is $1,496.00. Indeed, when looking to rent in
Shepherd, MI, you can expect to pay as little
as $880.00 or as much
as $2,470.00,
with the average rent median estimated to
be $1,500.00. The good news is that finding
an affordable and desirable property to rent in Shepherd, MI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
