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Commercial Foreclosures in Shepherd, MT

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Shepherd, MT Foreclosures

How much do homes sell for in Shepherd, MT?
The average home price is currently $438,834.
What’s the average rental cost in Shepherd, MT?
The average rental price in Shepherd is $1,420.
What is the most expensive home in Shepherd?
The most expensive home sold in Shepherd had a price of $4,607,800.
What is currently the cheapest priced home in Shepherd, MT?
The cheapest home for sale in Shepherd is priced at $25,576.

Living in Shepherd, MT

Shepherd, MT, is a charming small town near Billings, offering a peaceful rural lifestyle with scenic views and a strong sense of community. Residents enjoy a range of outdoor recreational activities and access to essential amenities, making it a great place for families and those looking to escape city life.

Current Market Conditions in Shepherd, MT

The real estate market in Shepherd has shown steady growth over the past year, with home prices reflecting an increasing demand for homes in the area. While still generally affordable compared to larger cities, the rising interest rates are causing potential buyers to be more cautious. Properties that are well-maintained are moving quickly, while those needing repairs may take longer to sell.

With the gradual development of infrastructure and community initiatives, Shepherd is poised for sustained growth. This is leading to increasing property values and a limit on available housing, creating a seller's market. Despite economic fluctuations, the real estate market remains robust in this close-knit community.

Home Value Estimator For Shepherd, MT

There are currently 1,204 real estate properties in Shepherd, MT, with a median automated valuation model (AVM) price of $412,688.00. 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, MT, 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, MT, is $438,834.00, with the most expensive house in Shepherd, MT, topping out at $4,607,800.00 and the cheapest home in Shepherd, MT, clocking in at $25,576.00. In other words, there’s something for every potential homebuyer or savvy investor in Shepherd, MT!

Rent Prices In Shepherd, MT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shepherd, MT, is on a rollercoaster ride. The average rent price in Shepherd, MT, is $1,420.00. Indeed, when looking to rent in Shepherd, MT, you can expect to pay as little as $660.00 or as much as $2,320.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Shepherd, MT -- 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, MT Commercial


Market Trend for Shepherd, MT

Total Listings Available: 0

Market Values:

Home Prices from $25,576 to $4,607,800

Average Sales Price: $438,834

Rental Values:

Rental from $660 to $2,320

Average Rent Value: $1,420 / month

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