MT area data
Shepherd, MT
Shepherd, MT.
Population: 3,940 (Census ACS)
Home values & appreciation
- Median home value
- $477,787
- 1-year appreciation
- +3.6%
- 3-year appreciation
- +8.1%
- 5-year appreciation
- +30.7%
- 10-year appreciation
- +76.5%
- All-time peak (2026-04)
- $477,833
- House Price Index
- 724.8 (-1.8% YoY)
Market activity
- Median sale price
- $499,000
- Median list price
- $517,500
- Median days on market
- 187 days
- Active listings
- 20
- 1-year forecast
- +2.3%
- New listings (monthly)
- 3
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,547/mo
- 3BR fair-market rent
- $2,012/mo
Affordability
- Cost of living index (Average)
- 95.5 (100 = US avg)
- Electricity rate (state-level)
- 13.0¢/kWh
- Natural gas rate (state-level)
- $9.00/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- winterWeather, coldWave, lightning, hail, inlandFlooding
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 47.5°F
- Average high
- 60.0°F
- Average low
- 36.0°F
- Annual precipitation
- 15.8 in
- Annual snowfall
- 60.7 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 29
- Days with Good air quality
- 306
- Days with Unhealthy air quality
- 1
Walkability & transit
- Walkability index
- 3.5 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Little Bighorn Battlefield National Monument (57 mi)
- Nearest airport
- Skyrider Ultralightport (12 mi)
- Nearest major airport
- Billings Logan International Airport (BIL) (20 mi)
- Hospitals nearby (~15 mi)
- 1
- Avg hospital rating
- 4.0 / 5
- Solar radiation rating
- Fair (4.1 kWh/m²/day)
Migration
- Net migration
- +754 tax filers
Housing stock
- Median year housing built
- 1,990
- Median annual property tax
- $2,664
- Mean commute to work
- 25 min
- Households with broadband internet
- 43.5%
Employment & development
- Total county employment
- 77,614
- Average weekly wage
- $1,142
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 830
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Sep 2026. See all data sources →