48883 — Shepherd, MI Home Values
Typical home value $231,639 as of June 2026 · 6th of 8 in Mount Pleasant, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 48883, June 2021 to June 2026. This page shows observed data only; no forecast.
How 48883 compares in the Mount Pleasant, MI area
ZIP code 48883 (Shepherd, MI) has a typical home value of $231,639 as of June 2026, ranking 6th of 8 ZIP codes tracked in the Mount Pleasant, MI area, more expensive than about 38% of ZIP codes in the metro. Prices here have moved +7.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +27.1%, from $182,254 in June 2021 to $231,639 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Mount Pleasant, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Mount Pleasant.
Population and demographics
ZIP code 48883 has a population of 6,755, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 93.8% White, 2.6% two or more races, 1.8% Hispanic or Latino, 0.9% American Indian or Alaska Native, 0.4% Black or African American, 0.4% another race, and 0.1% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Shepherd Elementary School | 301 S 4TH ST, SHEPHERD, MI | 1.7 mi |
| Shepherd Middle School | 350 S CHIPPEWA ST, SHEPHERD, MI | 1.7 mi |
| Shepherd High School | 301 S 4TH ST, SHEPHERD, MI | 1.7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 48883?
$231,639 as of June 2026, the latest month Zillow has published observed data for.
Is 48883 an expensive ZIP code in the Mount Pleasant, MI area?
48883 ranks 6th of 8 ZIP codes in the Mount Pleasant, MI area by typical home value, more expensive than about 38% of ZIP codes in the metro.
How much have home values in 48883 changed over the past year?
+7.5% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 48883?
6,755, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 48883?
Shepherd Elementary School (1.7 mi), Shepherd Middle School (1.7 mi), Shepherd High School (1.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 48883?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Mount Pleasant, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.