Data as of September 2026. Source: Realtor.com.
The SHEPHERD, MI real estate market (48883) currently shows 22 active listings, with 9 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 49 days on market compared to 38 days last year.
The median listing price has risen 10.8% year-over-year, from $266,075 to $294,900.
Population: 6,692 · Density: 22.5/mi² · Median household income: $67,255
Typical home value: $149,523 · Homeownership: 87.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48883 | Shepherd, MI 48883 | 0.0 mi | 13 | $3,849,521 | $243,175 | $296,117 |
| 48858 | Mount Pleasant, MI 48858 | 8.1 mi | 104 | $26,825,552 | $236,200 | $257,938 |
| 48801 | Alma, MI 48801 | 11.4 mi | 46 | $11,279,936 | $211,000 | $245,216 |
| 48878 | Rosebush, MI 48878 | 12.9 mi | 3 | $900,999 | $320,000 | $300,333 |
| 48618 | Coleman, MI 48618 | 14.4 mi | 19 | $4,976,556 | $259,950 | $261,924 |
| 48662 | Wheeler, MI 48662 | 16.2 mi | 1 | $230,000 | $230,000 | $230,000 |
| 48657 | Sanford, MI 48657 | 16.8 mi | 17 | $5,635,449 | $264,750 | $331,497 |
| 48889 | Sumner, MI 48889 | 18.6 mi | 0 | $0 | $355,900 | $355,900 |
| 48847 | Ithaca, MI 48847 | 19.3 mi | 10 | $2,327,700 | $184,500 | $232,770 |
| 48829 | Edmore, MI 48829 | 20.3 mi | 8 | $2,289,600 | $249,000 | $286,200 |
| 48818 | Crystal, MI 48818 | 21.8 mi | 4 | $646,000 | $161,500 | $161,500 |
| 49340 | Remus, MI 49340 | 22.9 mi | 10 | $9,633,930 | $359,900 | $963,393 |
| 48626 | Hemlock, MI 48626 | 23.7 mi | 16 | $6,552,928 | $373,750 | $409,558 |
As of September 2026, there are 22 active listings in SHEPHERD, MI (zip code 48883), compared to 19 the prior year.
The median listing price in SHEPHERD, MI 48883 is $294,900 as of September 2026, a 10.8% increase from $266,075 the prior year.
Homes in SHEPHERD, MI 48883 spend an average of 49 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SHEPHERD, MI 48883 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 49 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in SHEPHERD, MI 48883 save an estimated $5,898 compared to a typical 5% commission on the median listing price of $294,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.