Shepherd, MT Market Trends

Last updated November 14, 2026

The median home price in Shepherd is $499,999, up 0.6% year-over-year. Median price per square foot is down 15.0% at $215/sq. ft. Homes are selling in 438 days on average, compared to 148 days last year. As of November 14, 2026, there are 13 active listings on the market, with 2 new listings in the last 7 days.

Median home price

$499K

0.6% YoY

YoY price change

+0.6%

+$2,999

Days on market

438

+290 days YoY

Active homes

13

48.0% YoY

Market trends and statistics

Median list price

$499,999

0.6% YoY

Inventory

13

48.0% YoY

Price per SqFt

$215

15.0% YoY

Days on market

438 days

195.9% YoY

Home size

1,814 sqft

5.8% YoY

Compare nearby cities

City	Median price	YoY change	$/Sqft	Days on market	Active homes
Shepherd	$499,999	+0.6%	$215	438	13
Huntley	$579,000	-22.2%	$219	83	9
Worden	$700,000	+207.8%	$260	84	7
Ballantine	$595,000	-19.6%	$228	31	3
Billings	$424,900	+3.9%	$203	97	866
Acton	$499,000	-67.8%	$320	361	3

Education in Shepherd, MT

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Shepherd Elementary School District

Shepherd Elementary School District has 1 middle school and 1 elementary school. It has an overall average GreatSchools rating of 5/10.

5/10

Shepherd Elementary School

Grades PK, K-5

See zoned homes

Data provided by GreatSchools.