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Land Foreclosures in Shepherd, MI 48883

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Shepherd, MI Foreclosures

Current Market Conditions in in Shepherd, MI As of June 2026?
Home values: +0.95% MoM; rent: +0.00% MoM.
How much do homes sell for in Shepherd, MI?
The average home price is currently $200,388.
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 $908,252.
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, Michigan is a small Isabella County village offering rural charm, local schools, and convenient access to Mount Pleasant, Central Michigan University, and US-127.

Buyer vs Seller Market in Shepherd, MI

Median home value: $184,849 as of 2026-05-14.

Median rent: $1,500 as of 2026-05-14.

Home values: +0.95% MoM, -0.78% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Shepherd, MI

There are currently 2,606 real estate properties in Shepherd, MI, with a median automated valuation model (AVM) price of $184,849.00. 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 $200,388.00, with the most expensive house in Shepherd, MI, topping out at $908,252.00 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.

Shepherd, MI 48883 Land


Market Trend for Shepherd, MI

Total Listings Available: 0

Market Values:

Home Prices from $14,089 to $908,252

Average Sales Price: $200,388

Rental Values:

Rental from $880 to $2,470

Average Rent Value: $1,496 / month

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