Shepherd (City), Montana - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in Shepherd (City), Montana in February 2026 was $455,630.446. The month over month percentage change (MoM) was 0.38%, and the year over year percentage change (YoY) was 2.70%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for Shepherd (City), MT. The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for Shepherd (City), MT.

You can see similar information for other Montana cities, and for Montana.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Shepherd (City), MT - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Shepherd (City), MT - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 244120.62532534046 1.15 12.25
Feb 2015 246444.96292023454 0.95 12.25
Mar 2015 248101.23363084559 0.67 11.80
Apr 2015 249168.72044431372 0.43 11.48
May 2015 249630.8744742476 0.19 11.04
Jun 2015 250313.64195823562 0.27 10.77
Jul 2015 251623.2896346237 0.52 10.20
Aug 2015 253495.41137496746 0.74 9.57
Sep 2015 255827.47434674218 0.92 9.22
Oct 2015 257826.29325781227 0.78 9.05
Nov 2015 259294.4243532474 0.57 8.59
Dec 2015 260458.7756528552 0.45 7.91
Jan 2016 261560.21204513486 0.42 7.14
Feb 2016 262650.63182592794 0.42 6.58
Mar 2016 262500.2186908312 -0.06 5.80
Apr 2016 261090.40077510502 -0.54 4.79
May 2016 259158.88412663157 -0.74 3.82
Jun 2016 258036.16889025806 -0.43 3.09
Jul 2016 257748.27019122956 -0.11 2.43
Aug 2016 257320.62582485413 -0.17 1.51
Sep 2016 255880.65175815966 -0.56 0.02
Oct 2016 254361.42056112248 -0.59 -1.34
Nov 2016 252869.26885098638 -0.59 -2.48
Dec 2016 252334.1343920258 -0.21 -3.12
Jan 2017 252515.278500966 0.07 -3.46
Feb 2017 253926.958725363 0.56 -3.32
Mar 2017 255481.16044213207 0.61 -2.67
Apr 2017 256863.5952880848 0.54 -1.62
May 2017 257778.96949784204 0.36 -0.53
Jun 2017 258691.5216262576 0.35 0.25
Jul 2017 259551.92224747723 0.33 0.70
Aug 2017 260287.0296498613 0.28 1.15
Sep 2017 260505.56926738974 0.08 1.81
Oct 2017 260546.4067151871 0.02 2.43
Nov 2017 260583.34456227897 0.01 3.05
Dec 2017 260736.60534092924 0.06 3.33
Jan 2018 260733.694729875 0.00 3.26
Feb 2018 260795.6186607981 0.02 2.71
Mar 2018 261698.27782423995 0.35 2.43
Apr 2018 262678.48509456316 0.38 2.26
May 2018 263962.8792683129 0.49 2.40
Jun 2018 264918.8007138993 0.36 2.41
Jul 2018 266587.61075810145 0.63 2.71
Aug 2018 268256.8587490079 0.63 3.06
Sep 2018 270167.7610744468 0.71 3.71
Oct 2018 271235.38506460655 0.40 4.10
Nov 2018 272281.7576625576 0.39 4.49
Dec 2018 272902.15985325753 0.23 4.67
Jan 2019 274571.9612207056 0.61 5.31
Feb 2019 276441.9980880005 0.68 6.00
Mar 2019 278932.2538185009 0.90 6.59
Apr 2019 281012.9936169368 0.75 6.98
May 2019 282600.1252939387 0.56 7.06
Jun 2019 283848.8675031362 0.44 7.15
Jul 2019 285103.19830948015 0.44 6.95
Aug 2019 286497.8116601277 0.49 6.80
Sep 2019 287396.9470522097 0.31 6.38
Oct 2019 287529.67996665445 0.05 6.01
Nov 2019 287961.05372486793 0.15 5.76
Dec 2019 288527.2811896846 0.20 5.73
Jan 2020 289879.8959006714 0.47 5.58
Feb 2020 291072.75417065294 0.41 5.29
Mar 2020 292788.87446360756 0.59 4.97
Apr 2020 294099.83776376286 0.45 4.66
May 2020 294776.33471884375 0.23 4.31
Jun 2020 294586.0394150075 -0.06 3.78
Jul 2020 294721.0565317401 0.05 3.37
Aug 2020 296404.8431483368 0.57 3.46
Sep 2020 299930.5047020495 1.19 4.36
Oct 2020 303436.7636850877 1.17 5.53
Nov 2020 307164.4528351007 1.23 6.67
Dec 2020 310702.15190239093 1.15 7.69
Jan 2021 315046.7755982562 1.40 8.68
Feb 2021 320115.169448175 1.61 9.98
Mar 2021 324964.7325457826 1.52 10.99
Apr 2021 330365.1359735247 1.66 12.33
May 2021 336079.671376222 1.73 14.01
Jun 2021 342836.1529900735 2.01 16.38
Jul 2021 349127.24015096814 1.84 18.46
Aug 2021 354337.28975267085 1.49 19.55
Sep 2021 358402.96692719084 1.15 19.50
Oct 2021 362955.60453836713 1.27 19.61
Nov 2021 368225.2987318767 1.45 19.88
Dec 2021 373654.1348040379 1.47 20.26
Jan 2022 379977.2698400424 1.69 20.61
Feb 2022 385475.640490698 1.45 20.42
Mar 2022 391226.56698025437 1.49 20.39
Apr 2022 397312.7141836432 1.56 20.27
May 2022 404590.44852049067 1.83 20.39
Jun 2022 411890.103315119 1.80 20.14
Jul 2022 415298.9448098289 0.83 18.95
Aug 2022 415537.1262281693 0.06 17.27
Sep 2022 413376.19275158644 -0.52 15.34
Oct 2022 412648.7002518655 -0.18 13.69
Nov 2022 412919.0121183751 0.07 12.14
Dec 2022 413188.20553974155 0.07 10.58
Jan 2023 411349.104529381 -0.44 8.26
Feb 2023 408689.0690206609 -0.65 6.02
Mar 2023 407486.45035647723 -0.29 4.16
Apr 2023 410031.50946042157 0.63 3.20
May 2023 414315.7245525595 1.05 2.40
Jun 2023 418919.37217134907 1.11 1.71
Jul 2023 422641.0487844663 0.89 1.77
Aug 2023 426149.5395559521 0.83 2.55
Sep 2023 428745.21940348134 0.61 3.72
Oct 2023 430546.0602026838 0.42 4.34
Nov 2023 430198.18242161785 -0.08 4.18
Dec 2023 429577.7887694304 -0.14 3.97
Jan 2024 429375.3961393019 -0.05 4.38
Feb 2024 431782.93460018205 0.56 5.65
Mar 2024 434388.47580433515 0.60 6.60
Apr 2024 435263.8709081616 0.20 6.15
May 2024 434046.646383685 -0.28 4.76
Jun 2024 432327.40421977546 -0.40 3.20
Jul 2024 431504.5874918948 -0.19 2.10
Aug 2024 431941.66392532777 0.10 1.36
Sep 2024 433718.2363854935 0.41 1.16
Oct 2024 436469.2860979065 0.63 1.38
Nov 2024 439223.4250712336 0.63 2.10
Dec 2024 441516.91672806675 0.52 2.78
Jan 2025 442673.5763297063 0.26 3.10
Feb 2025 443662.31646442815 0.22 2.75
Mar 2025 443756.61419182713 0.02 2.16
Apr 2025 443496.3404466137 -0.06 1.89
May 2025 442291.0881960467 -0.27 1.90
Jun 2025 441408.97845971497 -0.20 2.10
Jul 2025 441577.12986133766 0.04 2.33
Aug 2025 442869.529944472 0.29 2.53
Sep 2025 445237.99273797683 0.54 2.66
Oct 2025 447775.44292583247 0.57 2.59
Nov 2025 449958.29824286763 0.49 2.44
Dec 2025 452070.73043432034 0.47 2.39
Jan 2026 453897.25392658944 0.40 2.54
Feb 2026 455630.4462445532 0.38 2.70