$73,300
- Studio
- 1 Bath
- 1,228 sqft
721 Shepard St, Lansing, MI 48912
Est. Refi. Payment $590/mo*
Refinance Your HomeHome Value
Trulia Estimate
$73.3KSince last month
Decreased$1K (-1.8%)Since last year
Decreased$25K (-25.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +72% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $72K |
| August 2026 | $73K |
| July 2026 | $79K |
| June 2026 | $82K |
| May 2026 | $81K |
| April 2026 | $79K |
| March 2026 | $91K |
| February 2026 | $86K |
| January 2026 | $79K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $56,654 | 04/06/26 | 1 | 850 | ||
0.27 | Single-Family Home | $115,000 | 10/03/25 | 4 | 1 | 1,286 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.36 | $88,500 | Studio | 1 | 1,045 | Off Market | |
0.20 | $52,800 | Studio | 1 | 694 | Off Market | |
0.04 | $77,500 | 2 | 1 | 888 | Off Market | |
0.20 | $151,000 | 3 | 1.5 | 1,840 | Recently Sold | |
0.21 | $67,500 | Studio | 2 | 1,072 | Off Market | |
0.25 | $123,400 | 3 | 2 | 1,494 | Off Market | |
0.03 | $125,000 | 2 | 1 | 976 | Recently Sold | |
0.06 | $108,800 | Studio | 1 | 960 | Off Market | |
0.18 | $125,500 | 3 | 2 | 1,492 | Off Market | |
0.17 | $65,600 | Studio | 1 | 1,055 | Off Market | |
0.17 | $58,500 | Studio | 1 | 660 | Off Market | |
0.15 | - | - | 1 | - | Off Market |
Local Information
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Home Highlights
Single-Family Home
Built in 1916
1,228 sqft
$60/sqft
About this House
This single-family home is located at 721 Shepard St, Lansing, MI. 721 Shepard St is in the Shepard Street neighborhood in Lansing, MI and in ZIP code 48912. This property has 1 bathroom and approximately 1,228 sqft of floor space. This property has a lot size of 8276 sqft and was built in 1916.
721 Shepard St, Lansing, MI 48912 is a studio, 1 bathroom, 1,228 sqft single-family home in Shepard Street, built in 1916. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $73,300, with a rent estimate of $1,312/month.
Home Details for 721 Shepard St
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Interior Details Basement |
Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1916 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: WoodFoundation Type: Crawl Raised |
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Lot Area: 8276 sqft |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,996 | $49,800 |
Home facts updated by county records
Market trends in Lansing
Last updated August 2026
Avg. sale price
$170K
$7.82KMoM
Sale-to-List Price
100.1%
Price per sq ft
$129
$2MoM
Available listings
627
40MoM
Around this home
What Locals Say about Shepard Street
At least 30 Trulia users voted on each feature.
90 % Say it's dog friendly
89 % Say yards are well-kept
83 % Say there are sidewalks
83 % Say car is needed
76 % Say parking is easy
73 % Say there's holiday spirit
73 % Say kids play outside
67 % Say it's walkable to restaurants
61 % Say neighbors are friendly
60 % Say it's quiet
55 % Say streets are well-lit
45 % Say there's wildlife
44 % Say people would walk alone at night
38 % Say they plan to stay for at least 5 years
30 % Say it's walkable to grocery stores
30 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 721 Shepard St
- What is 721 Shepard St estimated to be worth?Trulia's estimated value for 721 Shepard St in Lansing, MI is $73,300.
- Is Lansing a buyer's or seller's market?Lansing is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Lansing?The median sale price in Lansing is $170K. That is up $7.82K from the prior month.
- What do residents say about the Shepard Street neighborhood?Residents describe the Shepard Street neighborhood in Lansing, MI as dog-friendly, well-kept, and pedestrian-friendly. See recently sold homes in Shepard Street, Lansing.
- How big is the lot at 721 Shepard St?The lot at 721 Shepard St in Lansing, MI is about 0.19 acres (8,276 sq ft).