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Foreclosure Homes in Reese, MI

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Reese, MI Foreclosures

How much do homes sell for in Reese, MI?
The average home price is currently $207,713.
In Reese, MI, how many homes are available?
There are currently 10 active home listings available in Reese.
What’s the average rental cost in Reese, MI?
The average rental price in Reese is $1,337.
What is the most expensive home in Reese?
The most expensive home sold in Reese had a price of $1,494,093.
What is currently the cheapest priced home in Reese, MI?
The cheapest home for sale in Reese is priced at $15,180.

Living in Reese, MI

Reese, MI is a charming village that offers a friendly community atmosphere. With a focus on family living, it provides access to good schools and a variety of parks. The quiet lifestyle makes it a great place to call home, and its location allows for easy access to nearby cities.

Current Market Conditions in Reese, MI

The real estate market in Reese has been stable, with a steady demand for homes. As more people seek affordable housing options in quieter areas, single-family homes have become increasingly appealing to buyers.

Trends indicate that home prices are rising gradually, but they still remain reasonably priced compared to larger urban areas. This market condition presents excellent opportunities for investors looking to capitalize on the growing interest in small-town living.

Home Value Estimator For Reese, MI

There are currently 1,269 real estate properties in Reese, MI, with a median automated valuation model (AVM) price of $189,560.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reese, 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 Reese, MI, is $207,713.00, with the most expensive house in Reese, MI, topping out at $1,494,093.00 and the cheapest home in Reese, MI, clocking in at $15,180.00. In other words, there’s something for every potential homebuyer or savvy investor in Reese, MI!

Rent Prices In Reese, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reese, MI, is on a rollercoaster ride. The average rent price in Reese, MI, is $1,337.00. Indeed, when looking to rent in Reese, MI, you can expect to pay as little as $740.00 or as much as $2,560.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Reese, 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.

Reese, MI Foreclosures


Market Trend for Reese, MI

Total Listings Available: 10

Market Values:

Home Prices from $15,180 to $1,494,093

Average Sales Price: $207,713

Rental Values:

Rental from $740 to $2,560

Average Rent Value: $1,337 / month

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