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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 $195,882.
In Reed City, MI, how many homes are available?
There are currently 11 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 $1,491,737.
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, offers a delightful blend of small-town charm and access to nature, making it an appealing destination for families and retirees. Known for its friendly community, the area provides essential amenities, great schools, and ample recreational activities. Enjoy various outdoor adventures and community events throughout the year in this welcoming town.

Current Market Conditions in Reed City, MI

The real estate market in Reed City is currently showing signs of stability, with a moderate increase in home values over the past year. Factors contributing to this growth include a modest rise in demand for single-family homes as more people seek the tranquility of small-town living.

The area has seen an uptick in homebuyers searching for affordable housing options, drawn by Reed City's supportive community environment and access to outdoor recreation. As Michigan continues to attract new residents, the local market is expected to grow gradually.

Home Value Estimator For Reed City, MI

There are currently 2,703 real estate properties in Reed City, MI, with a median automated valuation model (AVM) price of $173,420.00. 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 $195,882.00, with the most expensive house in Reed City, MI, topping out at $1,491,737.00 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: 11

Market Values:

Home Prices from $21,056 to $1,491,737

Average Sales Price: $195,882

Rental Values:

Rental from $570 to $2,480

Average Rent Value: $1,353 / month

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