Housing in Shepherd, MT

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$429,000

Median List Price

N/A

Price Per Sq Ft

$270

Days on Market

178

Active Inventory

N/A

Zillow Home Value

$454,875

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price ↑ 257.8%List Price ↑ 0.0%Mar 24 → Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold ↑ 0.0%New Listings ↑ 0.0%Pending ↑ 0.0%Mar 24 → Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$270

Sale $/SF ↑ 275.0%List $/SF ↑ 0.0%Mar 24 → Oct 25

Shepherd vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Shepherd is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$179,700

Median Rent

N/A

Total Housing Units

261

Vacancy Rate

0.0%

Owner Occupied

94.3%

Renter Occupied

5.8%

Median Property Tax

$1,313

per year

Monthly Cost (w/ Mortgage)

$877

Housing Types

Single Family
50.2%
Multi-Family
0.0%
Mobile Home
49.8%

The current median sale price in Shepherd, MT is $429,000 according to Redfin data. Homes spend a median of 178 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $270. About 94.3% of housing units are owner-occupied. The median year homes were built is 1988. There are 261 total housing units.