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Foreclosure Homes in Reed City, MI

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Reed City, MI Foreclosures

How much do homes sell for in Reed City, MI?
The average home price is currently $193,791.
In Reed City, MI, how many homes are available?
There are currently 10 active home listings available in Reed City.
What’s the average rental cost in Reed City, MI?
The average rental price in Reed City is $1,353.
What is the most expensive home in Reed City?
The most expensive home sold in Reed City had a price of $1,478,344.
What is currently the cheapest priced home in Reed City, MI?
The cheapest home for sale in Reed City is priced at $21,056.

Living in Reed City, MI

Reed City, MI is a small tight-knit community with a relaxed atmosphere and abundant outdoor activities. It's an ideal place for families and individuals looking for a peaceful environment. With good schools and local amenities, Reed City offers a fulfilling lifestyle at an affordable price.

Current Market Conditions in Reed City, MI

The current real estate market in Reed City is showing signs of steady improvement, with a slight increase in home prices over the past few months. Buyers are actively looking for properties, particularly single-family homes, which remain the most popular choice in this community.

Over the past year, Reed City's real estate market has experienced a consistent demand due to its desirable location and community-oriented lifestyle. The availability of properties has decreased, leading to competitive bidding in some cases, particularly for well-maintained homes.

Home Value Estimator For Reed City, MI

There are currently 2,704 real estate properties in Reed City, MI, with a median automated valuation model (AVM) price of $171,164.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reed City, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Reed City, MI, is $193,791.00, with the most expensive house in Reed City, MI, topping out at $1,478,344.00 and the cheapest home in Reed City, MI, clocking in at $21,056.00. In other words, there’s something for every potential homebuyer or savvy investor in Reed City, MI!

Rent Prices In Reed City, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reed City, MI, is on a rollercoaster ride. The average rent price in Reed City, MI, is $1,353.00. Indeed, when looking to rent in Reed City, MI, you can expect to pay as little as $570.00 or as much as $2,480.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Reed City, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Reed City, MI Foreclosures


Market Trend for Reed City, MI

Total Listings Available: 10

Market Values:

Home Prices from $21,056 to $1,478,344

Average Sales Price: $193,791

Rental Values:

Rental from $570 to $2,480

Average Rent Value: $1,353 / month

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