Shepherd, MI · September 2026

Shepherd market snapshot

Distressed inventory, home values and rents in Shepherd, refreshed every month.

See all 17 listings
Distressed homes
17
Median home value
$188,218
Median rent
$1,500/mo
12-month value change
-2.8%

Home values over the past year

The median Shepherd home moved from $193,625 in Sep 2025 to $188,218 in Sep 2026, -2.8%.

$193,625 $183,116
Sep 2025 Dec Mar Jun Sep 2026

Median rent

$1,500/mo

Price range

Sample homes across the Shepherd market.

Entry
$53,455
Typical
$184,522
Upper end
$405,136

This month

Home values: -0.89% MoM; rent: +0.00% MoM.

  1. Sep 2025 $193,625
  2. Oct 2025 $190,729
  3. Nov 2025 $188,586
  4. Dec 2025 $186,216
  5. Jan 2026 $185,581
  6. Feb 2026 $185,633
  7. Mar 2026 $185,888
  8. Apr 2026 $183,116
  9. May 2026 $184,849
  10. Jun 2026 $186,953
  11. Jul 2026 $189,401
  12. Aug 2026 $189,908
  13. Sep 2026 $188,218

What's for sale

Active distressed listings in Shepherd, by type.

Schools nearby

Close to homes for sale in Shepherd.

  • Shepherd Elementary School
  • Shepherd Middle School
  • Shepherd High School
  • Central Michigan University
  • Mid Michigan College Mount Pleasant Campus

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Home values and rents are city-wide medians as of September 2026. Listing counts are live and cover active foreclosure, preforeclosure, auction and other distressed properties in Shepherd, MI.

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