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Single-family Foreclosures in Shepherd, MI

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Shepherd, MI Foreclosures

How much do homes sell for in Shepherd, MI?
The average home price is currently $202,012.
In Shepherd, MI, how many homes are available?
There are currently 13 active home listings available in Shepherd.
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 $941,848.
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, MI is a quaint town that offers a friendly community atmosphere along with ample outdoor recreational opportunities. The area is well-equipped with local amenities and quality educational institutions. Its strategic location allows for easy access to larger urban areas while preserving a peaceful living environment.

Current Market Conditions in Shepherd, MI

The real estate market in Shepherd is moderately growing, with a steady demand for homes due to its appealing lifestyle and affordability. Buyers are attracted to the reasonable price points, making it an attractive investment for both first-time homebuyers and real estate investors.

Current trends indicate an increase in interest for residential properties, especially single-family homes. The limited inventory, combined with the charming environment, is driving home prices to show a gradual appreciation.

Home Value Estimator For Shepherd, MI

There are currently 2,410 real estate properties in Shepherd, MI, with a median automated valuation model (AVM) price of $189,303.00. 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 $202,012.00, with the most expensive house in Shepherd, MI, topping out at $941,848.00 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 Single-family Homes


Market Trend for Shepherd, MI

Total Listings Available: 13

Market Values:

Home Prices from $14,089 to $941,848

Average Sales Price: $202,012

Rental Values:

Rental from $880 to $2,470

Average Rent Value: $1,496 / month

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