Home prices
The cost of the median home in Shepherd is $115,500. This is roughly $20,680 (21%) higher compared to nearby areas.In comparison to the rest of the country it is approximately $102,000 (46%) lower, and in comparison to the city of Grand Rapids it is approximately $27,900 (19%) lower.
Rents
Shepherd's median monthly rent is $635. It is is very similar in comparison to the surrounding areas.Compared to the entire country it is roughly $427 (40%) lower, and it is roughly $290 (31%) lower in comparison to the city of Grand Rapids.
Nearby places
Mount Pleasant
Mount Pleasant is approximately 5 miles northwest from Shepherd. Its real estate prices are a little more expensive. The median home in Mount Pleasant is valued at $137,700, which works out to $22,200 (16%) higher than Shepherd. The rent there is somewhat more expensive. In Mount Pleasant the median rent is $755 per month, which works out to $120 (15%) higher than Shepherd.
St. Louis
St. Louis is roughly 8 miles southeast of Shepherd. Its housing prices are significantly less expensive. The median home in St. Louis is valued at $82,100, which comes out to $33,400 (40%) lower than Shepherd. Its rents are a little more expensive. In St. Louis the median rent is $682 per month, which is $47 (6%) higher than Shepherd.
Alma
Alma is approximately 9 miles south of Shepherd. The housing prices there are substantially less expensive. Alma's median home cost is $84,600, which is $30,900 (36%) lower than Shepherd. Rent there is pretty similar. In Alma the median monthly rent is $655, which works out to $20 (3%) higher than Shepherd.
Rosebush
Rosebush is about 11 miles north of Shepherd. Its housing prices are a little less expensive. The price of the median home in Rosebush is $93,900, which comes out to $21,600 (23%) lower than Shepherd. Its rents are substantially less expensive. Rosebush's median rent is $450 per month, which comes out to $185 (41%) lower than Shepherd.
Breckenridge
Breckenridge is approximately 11 miles southeast of Shepherd. The housing prices there are significantly less expensive. The median home in Breckenridge costs $75,800, which works out to $39,700 (52%) lower than Shepherd. The rent there is similar. The median rent in Breckenridge is $606 a month, which comes out to $29 (4%) lower than Shepherd.
