“It was great working with Carli Yarde, she was responsive to getting our questions answered and was available when needed.”
NorthScapes Realty
- Agent Pronto
- Montana
- Shepherd
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Compare top Shepherd real estate agents.
Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for September 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Shepherd real estate Market Report.
Information and statistics on the latest trends in the Shepherd real estate market. *
Quarterly Pricing Trends for Shepherd
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Shepherd
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Shepherd
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Shepherd
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Shepherd
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Shepherd
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
30
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (May 2026 - Jul 2026).
Shepherd’s rolling three-month data points to rising prices over the past year. The median list price is up about 5% year over year, even after a recent month-to-month dip. At the same time, inventory has grown sharply, with active listings more than tripling compared with a year ago.
In the latest rolling period through July 2026, the median list price sits around $393,000 while active listings total three homes. New listings have doubled from a year earlier over this three-month window, and pending sales currently stand at one, underscoring how just a few transactions can shift conditions in a smaller market.
Transaction history over the past few years shows wide swings in sale prices and days on market, ranging from relatively quick 30–60 day sales to much longer time frames exceeding 150 days. Homes rarely sell above list price in Shepherd, suggesting buyers may have room to negotiate while sellers must price carefully. Almost all listings have been going off the market within two weeks, which reflects how quickly available options can change. With shifting prices, limited inventory, and small sample sizes that can be hard to interpret, both buyers and sellers can benefit from Agent Pronto helping them find a local agent who understands these dynamics.
Learn more about what Shepherd has to offer.
Shepherd offers residents a welcoming, close-knit community with convenient local amenities, active neighborhood life, and abundant outdoor opportunities that support a high quality of life.
Shepherd offers a quieter, more rural identity than nearby Billings, while still keeping you within an easy commute of city jobs, shopping, and healthcare. Surrounded by open fields and views of the rims, it appeals to those who value space, privacy, and a close relationship with the land without feeling isolated from everyday conveniences.
Community life here often centers on the schools and local events. Families appreciate Shepherd Public Schools, where activities and athletics help bring neighbors together. Weekend routines might include a trip into Yellowstone County for errands, or time along the Yellowstone River at Coulson Park or Riverfront Park on Billings’ south side. Nearby MetraPark hosts concerts, rodeos, fairs, and trade shows that add big-event energy to an otherwise laid-back setting.
Housing in Shepherd ranges from modest single-family homes to larger properties with acreage, irrigation rights, and room for shops or livestock. That variety creates opportunities for both first-time buyers and long-time residents ready to adjust their lifestyle. With market conditions influenced by growth in greater Billings and across Montana, timing and preparation make a real difference.
Whether you are planning to buy your first home, expand into a larger property, or sell land that has been in the family for years, connecting with the right local real estate agent is essential. Agent Pronto can match both buyers and sellers in Shepherd with professionals who understand the area and can help you move at the right moment.
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“Stephanie was WONDERFUL to work with and made our house buying experience straight forward and very pleasant. She was extremely prompt and helpful whenever we contacted her and always made sure we were kept informed throughout the entire process.”
RE/MAX Confluence
“We were very pleased with the service Eric provided to us in our house sale”
Keller Williams Realty Northwest Montana
“Amber is amazing and I recommend her all the way. She so helpful and keeps you updated. Always there to help and become friends. Never a negative moment with her encouragement.”
eXp Realty LLC
“Brooke was extremely knowledgeable of the area we were interested in despite us looking in both Montana and Idaho. She was able to explain and answer all our questions that we had in a timely fashion and took the time to make sure we understood every part of the process of buying a home! She was a pleasure to work with and will definitely be giving her call when we're ready to sell or buy again!”
Century 21 RiverStone
“Nathan was very helpful in finding me a house I liked. He was very patient and knowledgable in all aspects of his job. He is pleasure to work with. You can't go wrong if you pick him to be your realtor.”
Windermere Real Estate-Missoula
“The amount of gratitude we have for Cari is beyond words. As first time homebuyers this was a huge feet to accomplish and Cari made sure to keep us informed, connected, and confident every step of the way. Our journey began somewhat rocky with our first lender and prospective house, but Cari provided us with an amazing contact at Stockman Bank and THE BEST INSPECTOR, at Tightline home inspections. We were house hunting a little out of town and Cari showed up for us in every way. From the inspection walk throughs, to the spam text messages I sent her throughout the day, she was absolutely amazing. We will recommend Cari time and time again. She truly puts every ounce of heart into her clients!”
The Real Estate Hub
“Merlin is young and ambitious. He worked hard and was detailed and considerate knowing my needs and wants for a replacement house under a total loss insurance claim.”
Engel & Völkers Billings
“Being a first time home buyer comes with a lot of questions and uncertainty. Alexis was very knowledgeable and eased all of the uncertainties that came along throughout the process. She went above and beyond making sure we were comfortable and confident with all of the decisions we made along the way. We are thrilled with the outcome and can't wait to work with Alexis in the future!”
Century 21 Hometown brokers
“Gene was great to work with. Went above and beyond when it came to all aspects throughout of the home buying process. Very knowledgeable and easy to work with. Would recommend him to anyone selling or buying a home. Thanks Gene”
Engel & Völkers Engel & Voelkers - Billings
“Keith is a joy to work with; he is prompt, concerned, knowledgeable and caring. This was difficult as we were doing this for our daughter who lives in Europe. Keith made it so much easier. He is great and professional to work with but has that understanding of Montana values we love so much.”
Dustin young and company
“Tracey is very professional and competent. She follows through and got the job done. Her staff were also excellent and easy to work with.”
Silvercreek Realty Group LLC - MT | Montana Legacy Properties
“Agent Pronto put me in touch with Sarah Bauer from Big Sky Brokers. Sarah was great to work with, she made the entire process of selling my condo easy and stress free!”
Big Sky Brokers LLC
“Jo was great. Took offer from first day house was on the market!”
Modern Montana Real Estate
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Shepherd. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Shepherd Realtor® or real estate agent today.
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